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 ...

SINGAPORE – The marine environment might recover after each oil spill incident, but too many of such events would compromise its ability to do so, said marine scientists. Singapore has had at ...

The types of marine oil spill pollution are closely related to source tracing and pollution disposal, which is an important basis for oil spill pollution punishment. The types of marine oil spill ...

Murray Auchincloss, BP’s chief executive, will set out a new company strategy on February 26 BP shares have surged after it emerged that activist hedge fund Elliott has built a stake in the oil ...

An oil spill in Nigeria's delta region has caused a fire that is yet to be contained. A subsidiary of the Nigerian National Petroleum Corporation Limited blames the spill on oil thieves. Accidents are ...

British oil major BP is cutting 5 percent of its workforce. The job reductions are part of a cost-cutting plan that began in October 2024. The job cuts align with a renewed emphasis on bolstering ...

Activist hedge fund Elliott Management has built a stake in British oil major BP BP-1.12%decrease; red down pointing triangle and will push for transformational changes to improve the company’s ...

"ONGC and BP have agreed to explore opportunities for collaboration and partnership across the energy industry in India and internationally, focused on oil and gas exploration and production, as well ...

The oil spill from the Buguma Oil Field blowout has continued to spread to more communities along the New Calabar River causing damage to lands and water resources on its path. The blowout occurred ...

Elliott Investment Management has built a significant stake in BP Plc, according to people familiar with the matter, as the British oil major struggles to win back investor confidence and reverse ...

Elliott Investment Management, known for its aggressive tactics, is expected to push for significant changes at BP, potentially including a strategic refocus on oil and a reduction in green energy ...