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

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 ...

Five years after the oil spill in the Gulf of Mexico, here’s what we do and don’t know.

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 BP -0.66% 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 production under a reset strategy. BP said ...

BP has announced a new oil discovery in the deepwater U.S. Gulf of Mexico, marking a boost to its upstream production strategy.

Whales and dolphins: Still suffering The BP oil spill hit marine life in the Gulf of Mexico hard, with some animals still struggling while others are bouncing back.

BP said it was shutting production at its Thunder Horse rig in the Gulf of Mexico and evacuating the structure as Tropical Storm Isaac approaches.

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 ...

Discover insightful articles on Only Six Years After BP Oil Disaster, Gulf Coast Is Faced With New Drilling. Join us in exploring solutions for a just, sustainable, and compassionate world.

BP Plc &lt;BP.L&gt; &lt;BP.N&gt; 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.<BR><BR> BP spokesman ...

-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 ...