The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be ...

BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...

Thailand's PTT Exploration and Production said on Tuesday it was looking at BP's assets in Vietnam but had not appointed ...

However, offshore oceanic impacts are less well understood. The BP oil spill is introducing oil and methane gas into the deep water of the Gulf of Mexico. Previous studies on deepwater drilling ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

His efforts are likely to run into problems with the military, the oil industry, and even one of Trump’s prior executive ...

Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.

BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.