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
Environmental impact of the Deepwater Horizon oil spill that the damage from the spill would rapidly resolve, three years into the recovery dolphins continue to die, fish are showing strange lesions, corals in the gulf have died and oil still remains in some marsh areas. Due to both its size and the way it was handled, there is little previous research to predict long-term effects. At the 2013 "Gulf of Mexico Oil Spill and Ecosystem Science Conference", oceanographer David Hollander presented data that showed as much as one-third of the oil released during the spill may still be in the gulf. Researchers described a phenomenon called "dirty blizzard":