BP Biobutanol LLC in 2009. In 2009, BP obtained a production contract during the 2009/2010 Iraqi oil services contracts tender to develop the Rumaila field with joint venture partner CNPC, which contain an estimated of oil, accounting for 12% of Iraq's oil reserves estimated at . In June 2010, the BP/CNPC consortium took over development of the field, which was the epicentre of the 1990 Gulf war. On 1 October 2010, Bob Dudley replaced Tony Hayward as the company's CEO after the Deepwater Horizon oil spill. After the oil spill BP announced a divestment program to sell about $38 billion worth
Oil spill governance in the United States oil spill in the Gulf of Mexico suggest more can and should have been done in this area. Evidence of this fact is present in the recommendations and investigations present in the January 2011 report by the recently established National Oil Spill Commission. A further sign of lack of proper governance is implicit in the action of the federal government to rename and reform the Minerals Management Service (MMS) into the now Bureau of Ocean Energy Management, Regulation and Enforcement. The 1989 "Exxon Valdez" oil spill served as a major focal point in oil spill governance and reform. Prior to