BP currently remains a member of United Nations Global Compact, requiring it to take a precautionary approach to environmental risk
Congressional committee accuses chief executive Tony Hayward of a "lack of candour"
Chief executive prepares for Congressional grilling over alleged short cuts at Deepwater Horizon rig
The response to 9/11 initially had support from across the political spectrum, but Obama now faces a Congress deeply divided on the need for low-carbon energy
Deepwater Horizon disaster costs for clean up and damages had been previously estimated at closer to $5bn
"This disaster is going to shape how we think about the environment and energy for many years to come"
Executives to meet president Obama as calls increase for company to suspend dividend and set up ring-fenced oil spill fund
Shares recover slightly after British government offers tentative support for embattled oil giant
British Prime Minister David Cameron expected to speak with Barack Obama as rhetoric around BP oil spill escalates
In the six weeks BP's well has spewed oil into the ocean, Hayward has made a name for himself as the 'Bumbler from BP'