British Petroleum

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BP reports quarterly loss of $4.4 bln amid oil price drop

By Danica Kirka - Associated Press

In this Wednesday, Jan. 14, 2015, photo, oil pump jacks are seen McKenzie County, in western North Dakota. Roughly 60 rigs are drilling in surrounding McKenzie County, 40 percent of the rigs statewide. But now that those prices have tumbled, the shifting oil market threatens to put the industry and local governments on a collision course. (AP Photo/Matthew Brown)

Oil surges again on signs companies slow production

Associated Press

Plaquemines Parish Coastal Zone Director P.J. Hahn rescues a heavily oiled bird from the waters of Barataria Bay, which are laden with oil from the Deepwater Horizon oil spill, in Barataria Bay, La., on June 26, 2010. (AP Photo/Gerald Herbert)

BP urges judges to remove head of oil spill settlement fund

By Kevin McGill - Associated Press

In this Wednesday, April 21, 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. Legal battles arising from the 2010 Gulf of Mexico oil spill play out in two federal courts this coming week. On Monday, Feb. 2, 2015, trial resumes in a federal district courtroom where BP and a minority partner in its ill-fated Macondo well are trying to fend off billions in Clean Water Act penalties. On Tuesday, federal appeals court judges hear an appeal in which BP seeks the ouster of the man overseeing payments to businesses claiming harm from the spill. (AP Photo/Gerald Herbert, File)

Anadarko argues against $1B penalty in 2010 Gulf oil spill

By Kevin McGill - Associated Press

FILE - In this Jan. 1, 2015, file photo, Cars fill up at the pumps at a Shell station near downtown Detroit. Profits for companies in the Standard &amp; Poor’s 500 index are expected to grow at one of lowest rates in years, just 1.4 percent. The culprit: Energy companies that suffered as oil prices plunged. On Thursday, Jan. 29, Shell posted a 57 percent drop in fourth quarter earnings. (AP Photo/David N. Goodman, File)

Markets brace for Big Oil profit plunge

By Bernard Condon and Jonathan Fahey - Associated Press

Giant oil tanks of the BP refinery are pictured under a blue sky in Gelsenkirchen, Germany, Wednesday, Jan. 7, 2015 as oil prices are still low. (AP Photo/Martin Meissner)

BP cuts 200 staff, 100 contractors as oil prices fall

Associated Press

BP Chief Executive Bob Dudley (Associated Press)

BP: Restructuring to cost $1 billion in next year

Associated Press

FILE - In this Wednesday, April 21, 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. The oil giant argued Wednesday, Sept. 24, 2014, before a federal judge that a flawed funding formula in a settlement the company agreed to after the oil spill is giving money to businesses for questionable claims, and they should be forced to give it back. (AP Photo/Gerald Herbert, File)

Ex-BP executive fighting Gulf oil spill charges

By Kevin McGill - Associated Press

Dornella Conner, who is pregnant, claims she wasn't protesting Tuesday when St. Louis police shot her in the face with a bean bag round, causing her to lose an eye. (KMOV)

Dornella Conner: Pregnant woman in Ferguson loses eye after being shot with bean-bag round

By Jessica Chasmar - The Washington Times

Illustration on damage claims against BP by Alexander Hunter/The Washington Times

LESTER BRICKMAN: The BP oil spill and the rule of law (or the rule of lawyers)

By Lester Brickman

In this April 21, 2010 file aerial 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. New research shows that the BP oil spill left an oily &#8220;bathub ring&#8221; on the seafloor that&#8217;s about the size of Rhode Island. The study by David Valentine, the chief scientist on the federal damage assessment research ships, estimates that about 10 million gallons of oil coagulated on the floor of the Gulf of Mexico around the damaged Deepwater Horizons oil rig. Valentine said the spill left even bigger deeper oil splotches besides the ring. The rig blew on April 20, 2010 and spewed 172 million gallons of oil into the Gulf through the summer. Scientists are still trying to figure where all the oil went and what it did to the Gulf. (AP Photo/Gerald Herbert, File)

Court reaffirms BP is liable in Gulf oil spill

By Kevin McGill - Associated Press

The sign in front of a BP gas station in Brunswick, Ohio, shows the price of one gallon of unleaded regular gasoline to be $1.89.9 on Monday, Nov. 10, 2008. Oil prices fell to near an 18-month low of $60 a barrel Tuesday as hopes waned that a huge Chinese spending plan will do much to avert a prolonged slowdown in the global economy.

BP, Chevron strike oil at deepwater Gulf site

Associated Press

FILE - This aerial April 21,2010 file photo, taken in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, shows an oil slick is seen as the Deepwater Horizon oil rig burns. The last-ditch safety device that didn’t stop the 2010 BP oil spill had multiple failures, wasn’t tested properly, and still poses a risk for many rigs drilling today, another federal investigation board concludes. The report issued Thursday by the U.S. Chemical Safety Board zeroes in on what went wrong with the blowout preventer and blames bad management and operations. They found two different sets of wrong wiring, a dead battery and a bent pipe in the hulking failsafe device. And that they said led to the dumping of 172 million gallons of oil into the Gulf of Mexico. (AP Photo/Gerald Herbert, File)

New arraignment date for ex-BP exec

Associated Press

This image made from video released by British Petroleum (BP PLC), equipment is seen on the live feed from the Deepwater Horizon oil rig Tuesday, June 1, 2010. BP has turned to another temporary fix, an effort to saw through the pipe leaking the oil and cap it that could be tried as soon as Wednesday. (AP Photo/BP PLC)

Businesses won’t have to return BP spill payouts

By JANET MCCONNAUGHEY - Associated Press

FILE- In this June 4, 2010 file photo, a worker picks up blobs of oil with absorbent snare on Queen Bess Island at the mouth of Barataria Bay near the Gulf of Mexico in Plaquemines Parish, La. U.S. District Judge Carl Barbier ruled Thursday, Sept. 4, 2014, in New Orleans, La., that BP acted recklessly and bears most of the responsibility for the oil spill. The ruling exposes BP to about $18 million in civil fines under the Clean Water Act. (AP Photo/Gerald Herbert, File)

Alabama AG: BP ruling could mean billions

Associated Press

FILE - This aerial April 21,2010 file photo, taken in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, shows an oil slick is seen as the Deepwater Horizon oil rig burns. The last-ditch safety device that didn’t stop the 2010 BP oil spill had multiple failures, wasn’t tested properly, and still poses a risk for many rigs drilling today, another federal investigation board concludes. The report issued Thursday by the U.S. Chemical Safety Board zeroes in on what went wrong with the blowout preventer and blames bad management and operations. They found two different sets of wrong wiring, a dead battery and a bent pipe in the hulking failsafe device. And that they said led to the dumping of 172 million gallons of oil into the Gulf of Mexico. (AP Photo/Gerald Herbert, File)

Ruling could cost BP added $18B; stock slumps

By Jonathan Fahey - Associated Press

Vessels monitor oil burning near the Deepwater Horizon spill on Tuesday. BP officials placed a containment cap over the leak, hoping the oil flow will slow, and said BP will begin gradual tests to see if the cap can stop oil from spewing into the sea. (Associated Press)

Judge: BP’s reckless conduct caused Gulf oil spill

Associated Press

Appeals court won’t reconsider ruling that BP spill claims don’t require proof of direct harm

Associated Press

In this Wednesday, April 21, 2010, file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. (AP Photo/Gerald Herbert, File)

Appeals court won’t rehear BP settlement issue

Associated Press

Residents oppose BP plans to raze historic homes

Associated Press