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

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 ...

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 ...

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

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 ...

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

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

The oil company boasts a P/E of 8.22 ... After the Deepwater Horizon disaster, BP, under Bob Dudley, had to divest more than $40 billion to cover the costs associated with the spill ($65 billion ...

Oil giant’s boss introduces cost-cutting ... BP is still paying compensation for the disaster. A BP spokesman said: “Last year we began a multi-year programme to simplify and focus BP.

Also, Refining margins are projected to decline by $0.1 billion to $0.3 billion, with increased turnaround impacts, while oil trading performance is anticipated to be weak. BP now anticipates a ...