BP stock has been held back by its planned drop off in production in the back half of the decade. New management are open to bringing on new projects that would stem this decline, even as they state ...

BP has momentarily paused drilling operations on the first relief well on the Macondo blowout in the US Gulf as it performs a ranging run to make sure the location of the drill bit is correct. "Upon ...

BP has made a strong comeback of late as the price of oil has rallied as better oil pricing will lead to an improvement in its upstream business. Russia has decided to support OPEC’s production cut ...

The first of two relief wells was within 16 ft horizontally of the runaway deepwater Macondo well in the Gulf of Mexico off Louisiana on June 30, and drilling continued while Hurricane Alex approached ...

HOUSTON, June 25-- BP PLC reported its first relief well being drilled to stop the Macondo well oil spill in the Gulf of Mexico reached 16,275 ft on June 23, and drillstring was removed for a ranging ...

As judges and high-powered attorneys gathered inside an ornate Camp Street federal courtroom in April, the defendant in the case they were set to argue was identified only by a long series of numbers: ...

LONDON, Sept 13 (Reuters) - BP BP.L CEO Bernard Looney's abrupt resignation has thrown the British oil major into a leadership crisis with no groomed front-runner to succeed him, company and industry ...