Will dumping Tony Hayward help BP?
BP's gaffe-prone CEO is reportedly on his way out. Does that signal that BP has finally turned the corner in the spill crisis?
BP is widely expected to announce beleaguered CEO Tony Hayward's departure today or tomorrow, possibly replacing him with Robert Dudley, the American who replaced Hayward as the BP official in charge of the blown-out Gulf oil well. Whoever takes over from Hayward... More
Should BP uncap the oil well?
The government is suggesting that BP's cap may be creating bigger problems. The company says everything is fine. Who should we trust?
BP's new containment cap is still keeping oil from flowing from the company's blown-out Macondo well, but the oil giant and U.S. government are offering mixed messages on whether this fix is sustainable. BP officials said Sunday that they plan on leaving the cap... More
BP caps the oil spill: Hooray?
After 86 days, BP crude has finally stopped gushing into the Gulf — at least for now. Is there anything to celebrate?
For the first time since April 20, no oil is flowing into the Gulf of Mexico from BP's Macondo well. If tests show that the cap currently in place can contain the oil, and the well's plumbing isn't leaking, BP hopes that the arrangement will prevent any more crude... More
Greenpeace's 'ScamWow!' BP dig
BP's attempts to clean up the Gulf — and its soiled image — have prompted Greenpeace to make a mocking "infomerical"
In real life, it's impossible to clean up an oil spill — but that doesn't mean you can't pretend. Or so says Greenpeace in a new video parodying BP's promises to "restore" the ecology of the Gulf of Mexico. Spoofing a well-known infomercial for ShamWow! ultra... More
Has BP finally capped the Gulf gusher?
Deep-sea robots successfully placed a tight-fitting cap on the Gulf oil gusher. Will it hold?
BP says it has successfully fit a tighter cap on its gushing Gulf Coast oil well, raising hopes that the oil could be completely contained in a day or two. BP started slowly closing the three valves on the 75-ton cap Tuesday, to see if the well pressure builds... More
BP's dubious July 27 'kill' date
While BP officials claim the gushing well could be capped weeks ahead of time, skepticism abounds. What's really going on in the Gulf?
BP could cap the gushing oil well in the Gulf of Mexico weeks earlier than expected, BP Gulf spill chief Bob Dudley tells The Wall Street Journal, calling a kill-date of July 20-27 "possible in a perfect world," while pointing out that hurricane season is the wild... More
Should Exxon buy BP?
Speculation that someone, probably Exxon, should make a play for wounded BP sent BP's stock higher. Would a sale make sense for either oil giant?
Should Exxon Mobil buy fellow oil-spill villain BP, now that BP's stock is so low? BP's shares rose Wednesday on that rumor, started by JP Morgan oil analyst Fred Lucas, who figures that BP is about 62 percent undervalued right now, and thus ripe for a pickoff... More
Bill Clinton's BP bombshell
The former president says the U.S. Navy may be forced to blow up the well
Bill Clinton suggested the military may have to blow up the BP oil well. Speaking at a media forum in Cape Town, South Africa this weekend, the former president called the still-leaking well a "geological nightmare," and raised the specter of sending "the Navy... More
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