Oil industry practices and government rules must be subjected to substantial reform to prevent future accidents similar to BP’s Deepwater Horizon oil rig disaster in the Gulf of Mexico last April, said a report released Tuesday…
Facing widespread calls for boycotts, owners responded by hammering home the message that the U.K. oil company doesn’t own most of the retail locations that bear its name. Now as anger fades, business is coming back, and few ow…
The Deepwater Horizon disaster in the Gulf of Mexico may have unleashed a chain of events that could extend economically far beyond the region, threatening one of the world’s most lucrative fishing species — the bluefin tuna. …
Stephen Baldwin has sued fellow actor Kevin Costner over the sale of technology used to help clean the BP oil spill in the Gulf of Mexico. Baldwin says Costner owes him a share of an $18 million deposit that BP made as part of …
BP is apparently considering the $1 billion sale of some of its assets in the North Sea as it tries to cover cleanup costs from the Gulf of Mexico oil spill. The company’s Macondo well in the Gulf of Mexico exploded in April, l…