We're told, at this time, the oil spill has no connection to last month's explosion. "The running speculation is that that containment center didn't hold, and there is a drain that goes out to the ...

After crews were able to contain the leak, now environmental groups are working to learn if there was any damage done.

SINGAPORE – The marine environment might recover after each oil spill incident, but too many of such events would compromise its ability to do so, said marine scientists. Singapore has had at ...

Shell Petroleum Development Company (SPDC) has reported a fresh oil spill at its facility in Ogale, near Port Harcourt in Rivers state. Reuters reported on Tuesday that according to Shell, the spill ...

Elliott Investment Management has built a significant stake in BP Plc, according to people familiar with the matter, as the British oil major struggles to win back investor confidence and reverse ...

BAGHDAD (Reuters) -Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters ...

Energy giant BP is projected to invest up to $25 billion over the life span of a project to redevelop four Kirkuk oil and gas fields, according to a senior Iraqi oil official, as Baghdad looks to ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as Baghdad seeks to win ...

British Petroleum (bp) has discovered oil and natural gas reserves in the King Mariout offshore block in Egypt's northern Mediterranean, Egyptian Prime Minister Mostafa Madbouly confirmed during a ...