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BP on Sept. 8 released a report blaming a number of factors and parties, including itself, Halliburton and Transocean, for the April 20 explosion on its Deepwater Horizon deepwater oil drilling rig. In a press release on the BP Web site ( www.bp...

NEW ORLEANS - (AP) In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it. The 193-page report...

NEW ORLEANS - (AP) BP PLC informed a federal judge Monday that the company is waiving a $75 million cap on its liability for certain economic damage claims spawned by the massive Gulf oil spill. In a court filing, BP lawyers said the company is waiving...

LONDON - (AP) BP PLC Chief Executive Tony Hayward sought Friday to reassure investors about the fallout of the oil spill, saying the company has "considerable firepower" to cope with costs he acknowledged will be "severe" and long...

WASHINGTON, D.C. - (AP) Manslaughter and perjury are among possible charges that Justice Department investigators are exploring in the early stages of their probe into the Gulf oil spill, people familiar with the inquiry said Tuesday. These people said...

LONDON - (AP) Outgoing BP CEO Tony Hayward defended his company's safety record Wednesday in the face of questions from British lawmakers, and said the Gulf of Mexico oil spill should not lead to a universal ban on deepwater drilling. Hayward gave...