Singapore shipyard group Seatrium has bagged the rights to prepare for its second deepwater contract with BP Exploration & ...

The contract award will be finalised later this year. Seatrium signed a memorandum of understanding (MoU) with BP Exploration & Production Inc. (BP) to build the Tiber Floating Production Unit (FPU) ...

BP could have ended its Gulf of Mexico oil spill sooner if it had built a capping stack before the 2010 blowout of its well off the Louisiana coast, a company executive said under cross ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

particularly in the Gulf of Mexico and UAE. Apart from this, BP projects lower exploration write-offs to be $0.1 billion to $0.2 billion lower quarter-over-quarter. The company anticipates gas ...

The spill affected the shorelines of five states- Texas, Louisiana, Mississippi, Alabama and Florida- crippling the ecosystems and local economies. Oil giant BP has agreed to pay $20bn to settle ...