BP

(DR. SAMANTHA JOYE/The Associated Press) This August/September 2010 photo provided by Dr. Samantha Joye with the University of Georgia Department of Marine Sciences, shows a layer of oil on a sediment core from the Gulf of Mexico seafloor. Six months after the rig explosion that led to the largest offshore oil spill in U.S. history, scientists worry the oil deep below will get into plankton and the food web, maybe not killing species directly but causing genetic mutations, stress or weakening some species, with effects that will only be seen years later.

BP wants US probes barred from oil spill suits

The companies involved in the worst offshore oil spill in U.S. history are trying to prevent government investigations blaming them for the disaster from being used against them by the people and businesses who are suing them.

(GERALD HERBERT/The Associated Press) In this April 21, 2010 file photo taken in the Gulf of Mexico more than 50 miles southeast of Venice on Louisiana’s tip, the Deepwater Horizon oil rig is seen burning. A BP scientist identified a previously unreported deposit of flammable gas that could have played a role in the Gulf of Mexico oil spill, but the oil giant failed to divulge the finding to government investigators for as long as a year, according to interviews and documents obtained by The Associated Press.

US gov’t prepares to release BP oil spill report

A key federal report into what caused the worst offshore oil spill in U.S. history was being readied for release as early as Wednesday amid revelations that BP made critical mistakes on the well and failed to tell its partners and the U.S. government when it realized it.

(JULIA RENDLEMAN/The Associated Press) Candles and crosses commemorate the lives of the 11 men killed during the Deepwater Horizon oil rig explosion at a memorial service Wednesday in Grand Isle, La.

Blame game: BP, Gulf oil spill partners sue each other

MIAMI -- After being hammered for a year over the Gulf of Mexico oil spill, BP is going on the offensive with multibillion-dollar lawsuits seeking to shift at least part of the blame to those who owned the ill-fated rig or designed a failed safety device or supplied cement that didn't hold.

Those companies -- Transocean, Cameron International and Halliburton -- each filed lawsuits of their own, and it will now be up to the courts to divvy up fault.

BP, which has rebounded remarkably in the year since the April 20, 2010, disaster, will face an uphill battle in trying to shed the albatross of the Gulf oil spill. The lawsuits filed late Wednesday were likely just opening salvos in what's expected to become lengthy negotiations over assigning responsibility and, more importantly, liability. And experts said the companies in the end will most likely reach deals to divide the responsibility and costs.

BP sues partners as Gulf marks year since spill

NEW ORLEANS  — BP marked the first anniversary of the massive Gulf of Mexico oil spill with a $40 billion lawsuit blaming the disaster on its partners, as Gulf residents held somber vigils and relatives flew over the waters where 11 oil rig workers died.

BP reports earnings despite oil spill costs

BILOXI, Miss. -- BP PLC is once again reporting profits even with an estimated $40 billion price tag for the response to its blown out well in the Gulf of Mexico.

BP not spearheading oil industry move back in Gulf

LONDON -- Oil company BP PLC shied away from spearheading any industry rush back into the Gulf of Mexico as it revealed Tuesday that the cost of its devastating oil spill has jumped to $40 billion -- taking the shine off a return to profit in the third quarter.

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