News One

Former BP executive Melphine Evans has sued her former employer in California’s Orange County Superior Court, saying she was fired by British Petroleum Oil Co.…

From MarketWatch.com: BP Plc said Monday it will debate the fate of embattled Chief Executive Tony Hayward at a board meeting this evening but stressed that no final decision has been made.

NEW ORLEANS — BP says oil from its broken well has stopped gushing into the Gulf of Mexico for the first time since April.

President Obama put his foot down in his address from the Oval Office, telling the American people that BP should be made to pay for the Gulf oil spill.

HOUSTON — New figures for the blown-out well at the bottom of the Gulf of Mexico show the amount of oil spewing may have been up to twice as much as previously thought, according to scientists consulting with the federal government.

From MSNBC: NEW ORLEANS – The cost of BP’s response to the oil spill in the Gulf of Mexico has reached about $1.25 billion, the company said Monday.