Focus
BP plc
BP Could Pay Another $18 Billion for Gulf Oil Spill
Having settled other charges, BP is now on trial for gross negligence. BP admits it made mistakes but denies gross negligence.
BP Denies Gross Negligence in Oil Spill Trial
Oil major British Petroleum said will defend itself in court against “excessive” claims regarding the oil spill in the Gulf of Mexico. The company faces charges of gross negligence that the Department of Justice, relevant states and private parties are bringing forward.
Russia’s Rosneft Buys British Petroleum Venture
British Petroleum Plc on Oct. 22 sold its 50 percent stake in TNK-BP to Rosneft, Russia’s biggest oil company. This marks the end of BP’s adventure into Russian oil exploration and production via TNK-BP.
BP to Pay $400 Million for Pollution Controls at Midwest Oil Refinery
On the southwestern shore of Lake Michigan is the small town of Whiting, Ind.—home to the largest inland oil refinery in the United States, and the recent conclusion of a big environmental controversy.
