BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.

News about Gulf of Mexico Oil Spill (2010), including commentary and archival articles published in The New York Times.

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators ...

By Mongabay.com Oil-soaked pelicans struggling to fly came to symbolize the catastrophic impacts of the 2010 BP Deepwater Horizon oil spill on the inhabitants of the Gulf of Mexico. Fifteen years ...

Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.

BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.

With BP valued at $80 billion and Shell at over $200 billion, the combination would create a supermajor oil giant, enhancing Shell’s scale to rival Exxon and Chevron (CVX).

Report: Shell weighs early talks to acquire BP in landmark oil deal A report in the Wall Street Journal said the two oil giants with US headquarters in Houston are in talks to merge.