BP Plc said on Friday that it was shutting production at its Thunder Horse oil and gas platform in the Gulf of Mexico, the world's largest, as well as evacuating all workers from the structure ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

In April, a federal judge ordered BP to pay $20 billion to the five Gulf states affected by the oil spill. The money will be paid out over 16 years. This month, BP agreed to pay $2.3 billion to those ...

-BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year.

BP has made an oil discovery in the deepwater U.S. Gulf of Mexico 120 miles off the coast of Louisiana, the UK-based supermajor said on Monday.. The discovery at the Far South prospect comes as BP ...

By bne IntelliNews BP announced on April 14 that it had made an oil discovery at the Far South prospect in the US Gulf of Mexico. The company operates Far South with a 57.5% interest, while ...

BP BP-0.66 % decrease; red down pointing triangle said it has discovered oil at the U.S. Far South prospect in the Gulf of Mexico at a time when the British energy major is growing upstream ...

VENICE, La., June 4 (Reuters) - BP began capturing some oil spewing from its ruptured Gulf of Mexico well on Friday as President Barack Obama warned the company against skimping on compensation to ...

BP plc BP, the British oil and gas major, announced that it has made a new oil discovery in the Gulf of America.The new oil discovery was made at the Far South prospect, where an exploration well ...

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

The BP oil spill affected fish in the Gulf of Mexico in different ways. Some showed clear signs of oil exposure, with many reef fish developing skin lesions in 2011.

BP Plc <BP.L> <BP.N> said on Thursday that its oil-capture systems at the leak in the Gulf of Mexico collected or burned off 24,575 barrels of oil on Wednesday. BP spokesman Mark Proegler said a ...