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Bob Dudley

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  • BP to pay record $18.7 billion to states affected by spill

    More than five years after the worst offshore oil spill in U.S. history fouled beaches, coated seabirds in thick goo and threatened delicate marshes, BP has agreed to pay a record settlement to affected states in hopes of bringing an end to a legal drama that has cost the company billions.
  • $18.7B deal clears path for BP to close books on Gulf spill

    Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an estimated $53.8 billion....

    Scottish independence battle draws 'day of reckoning' warning to business

    Scottish independence battle draws 'day of reckoning' warning to business
    The battle over Scottish independence took a bitter turn on Saturday when a senior nationalist warned businesses such as BP that they could face punishment for voicing concern over the impact of secession. With the fate of the United Kingdom balanced on...

    Chicago wholesale gasoline prices rise on BP Whiting refinery fire

    Chicago wholesale gasoline prices rise on BP Whiting refinery fire
    Wholesale gasoline prices surged in Chicago on Thursday after a fire hit a piece of equipment used to produce gasoline at BP Plc's refinery in nearby Whiting, Indiana, trade and industry sources said. BP said the fire was extinguished at its biggest U.S....

    Gulf oil spill: BP pulls up boom as fishing areas reopen

     
    As large, visible oil slicks on the surface of the Gulf of Mexico disappear, BP is scaling back its clean-up, with fewer ships scouting for oil and fewer people scouring beaches for slicks. Crews are pulling up boom in areas...