"BP First-Quarter Profit Up 17% Despite Spill Damage"

"Bolstered by soaring crude oil prices, BP reported a 17 percent increase in first quarter profit to $7.1 billion and sought to convince investors that it was coping with the costs of the massive oil spill in the Gulf of Mexico last year."

Steven Mufson reports for the Washington Post April 27, 2011.

SEE ALSO:

"On Our Radar: Big Profits for Big Oil" (Green/NYT)

"ExxonMobil: Don't Hate Our Profits" (Politico)

Source: Wash Post, 04/28/2011