BP has pledged $1 billion to jump-start projects aimed at restoring the US Gulf Coast after last year’s massive oil spill, officials said Thursday.

AIM-listed indie in frame for Philippines exploration acreage to complement Chuditch asset offshore Timor-Leste ...

Nov WTI crude oil Monday closed up +1.34 (+1.94%), and Nov RBOB gasoline closed up +1.27 (+0.63%). Crude and gasoline prices Monday posted moderate gains. Monday's action by Chine ...

Integrated marine services company C-Innovation (C-I), an affiliate of US contractor Edison Chouest Offshore, has signed a new three-year contract with UK supermajor BP for field development and ...

But in a landmark speech in 2017, the same year that Shell also started thinking about how to navigate the energy transition, Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi’s ruler, said the country ...

Italian energy company Eni and British oil giant BP have resumed exploration in Libya ... U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling ...

Nov WTI crude oil (CLX24) today is up +1.64 (+2.32%), and Nov RBOB gasoline (RBX24) is up +4.97 (+2.47%). Crude and gasoline ...

Offshore driller Transocean Ltd. RIG has achieved another significant milestone by signing a one-year contract for its ultra-deepwater drillship, Deepwater Conqueror. The new operator remains ...

We recently published a list of 10 Most Promising Penny Stocks According to Hedge Funds. In this article, we are going to ...

Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., according to people familiar with ...

Transocean is in talks to merge with rival offshore drilling contractor Seadrill, according to people familiar with the ...

Deepwater Damage When the BP oil rig exploded in the Gulf of Mexico, it killed 11 people, injured 17, and spewed oil from its wellhead on the ocean floor for four months before being capped.