BP Replaces CEO Hayward, Reports $17 Billion Loss

< LONDON (AP) _ BP’s much-criticized CEO Tony Hayward will be replaced by American Robert Dudley on Oct. 1, the company said Tuesday as it reported a record quarterly loss and set aside $32.2 billion […]


Report: BP Chief on His Way Out

NEW ORLEANS (AP) _ Gaffe-prone BP Chief Executive Tony Hayward _ who incensed many on the Gulf Coast by saying he wanted his life back as they struggled with the fallout from the company’s massive […]


BP's Oil Well to Stay Shut Despite Tropical Storm

ON THE GULF OF MEXICO (AP) — Engineers have grown so confident in the leaky cap trapping oil inside BP’s crippled well that they will leave it closed and unwatched if a tropical storm that […]


Storm Halts Gulf Oil Well Work

NEW ORLEANS (AP) _ A storm brewing in the Caribbean brought the deep-sea effort to plug the ruptured oil well to a near standstill Wednesday just as BP was getting tantalizingly close to going in […]


Feds: Oil Leaking from Cap on Ruptured Well

NEW ORLEANS (AP) _ BP’s broken well was leaking oil and gas again Monday for the first time since the company capped it last week, but the Obama administration’s spill chief said it was no […]


Cap Closed Despite Seep

NEW ORLEANS (AP) _ The federal government Monday allowed BP to keep the cap shut tight on its busted Gulf of Mexico oil well for another day despite a seep in the sea floor after […]


Trial of Gulf Oil Well Cap Extended for 24 Hours

NEW ORLEANS (AP) BP’s trial run of a cap blocking oil from streaming into the Gulf of Mexico has been extended.


Obama: Good News in the Gulf

WASHINGTON (AP) _ President Barack Obama says BP’s successful capping of the Gulf of Mexico oil spill is “good news.”


BP: No Oil Leaking into Gulf from Busted Well

NEW ORLEANS (AP) A tightly fitted cap was successfully keeping oil from gushing into the Gulf of Mexico for the first time in three months, BP said Thursday.


BP Tests New Cap Over Gulf Oil Leak

NEW ORLEANS (AP) BP allayed last-minute government fears of making the disaster worse and began testing the new, tighter-fitting cap Wednesday that could finally choke off the oil leak in the Gulf of Mexico.