Washington is buzzing about BP Plc’s recent suspension from winning new U.S. government contracts. A few figures to provide some perspective on the oil company, which agreed to plead guilty to criminal charges after the worst oil spill in U.S....
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Photograph by Kari Goodnough/Bloomberg
Oil from the BP spill floats in the Gulf of Mexico near Orange Beach, Alabama.
BP’s Revenue Dwarfs Contracts and Criminal Settlement
Photograph by U.S. Coast Guard via Getty Images
Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico near New Orleans, Louisiana.
BP’s Case for `Responsibility’ at EPA
The Environmental Protection Agency has slapped BP Plc with a temporary ban on new government contracts, telling the world the company showed a “lack of business integrity” after the nation’s largest oil spill, in the Gulf of Mexico. Now, BP...
Read more »Wall Street as Campaign Demon: One in 10 TV Ads Aired: $91 Mln
Every campaign season has its corporate demon. In 2002 it was Enron, in 2010 it was Lehman Brothers and BP. There’s a new scapegoat this year, with spending higher than ever. As we report on Bloomberg Television today, one of every 10...
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