LogoMyWay is giving away $200 to the winner, and The Blog Rules has a number of submissions, some of them really great.
From the contest page:
Help Redesign BP's logo! They need a NEW Brand.
I cant tell you how frustrated and upset we are about BP and how they are handling this oil disaster. Before this eruption of oil they had 17 violations. It's obvious this could have been prevented.
This is the biggest environmental disaster we have ever faced in this country.
I think the (6000) creative logo designers at LogoMyWay should update the BP logo with a more suitable design and brand.
The design community and the general public will vote on the winner of the redesign of the NEW BP LOGO.







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