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 ...

After a change in direction, including a roll-back on some of its green pledges, our writer considers whether the time has ...

What remains Britain's worst ever oil spill killed more than 15,000 sea birds ... In the bungled clean-up operation, a 'detergent' chemical called BP 1002 was sprayed over affected areas of ...

US examines blowout preventer in BP oil spill The failure of the underwater blowout preventer that led to the massive BP oil spill in the Gulf of Mexico was caused by the inability of attached ...

It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past. Addressing journalists and executives at the Royal Lancaster Hotel ...

As far as British oil giant BP is concerned, the catastrophic oil spill that tainted Louisiana’s shores more than a decade ago didn’t take place in the Gulf of Mexico. It took place in the ...

2010: The Gulf Spill BP’s long decline was precipitated by the explosion aboard the Deepwater Horizon drilling rig in 2010, which killed 11 people and triggered the worst offshore oil spill in ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production LONDON -- British energy company BP confirmed Wednesday that it would slash ...

LONDON: BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its flagging share price. The struggling British ...

BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said ...

BP will boost investment in oil and gas while walking back a push for more renewable output, the British oil and gas multinational announced on Wednesday. The firm said it would increase oil and ...