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U.S. Awards to BP (BP) Accelerate in Year Following Deepwater Horizon Incident

Go back to U.S. Awards to BP (BP) Accelerate in Year Following Deepwater Horizon Incident

BP plc (BP) Expected to Lose Over $2B Worth of U.S. Gov't Contracts

November 30, 2012 11:21 AM EST

BP plc (NYSE: BP) is ticking higher Friday amid news it closed a $5.55 billion Gulf of Mexico asset sale today. However, some other news is keeping shares in check today.

According to reports, BP has just over $2 billion in U.S. government contracts set to expire in the next two years.... More

EPA Temporarily Suspended BP (BP) from New Contracts with the Federal Government

November 28, 2012 8:45 AM EST

On Wednesday, the U.S. Environmental Protection Agency (EPA) announced that it has temporarily suspended BP Exploration and Production, Inc., BP PLC (NYSE: BP) and named affiliated companies (BP) from new contracts with the federal government. EPA is taking this action due to BPs lack of business integrity as demonstrated by the company's conduct with regard to the... More