His staff said this week that BP discovered new deepwater oil in an exploration well about 120 miles off the coast of Louisiana. Still, the University of Houston's Krishnamoorti is skeptical that ...

Renewable energy should double worldwide by 2050 while global oil demand is likely to peak in a decade, energy economists ...

Oil company giant Shell’s rumored takeover of BP would create a company with more than $120.4 billion in global retirement ...

The U.S. Coast Guard and other groups have been trying to contain a discharge in Plaquemines Parish in Louisiana.

Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by ...

HOUSTON, April 04, 2025--BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that Unit holders will not receive a dividend payment for the quarter ended March 31, 2025. The dividend information is ...

LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported first-quarter profit of $687 million. The London-based company said it had net income of 26 cents per share. Earnings, adjusted for ...

HOUSTON, May 07, 2025--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced that its Offshore Projects Group ("OPG") has been awarded a multi-year contract by bp ...

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture ...

British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices. The beleaguered oil and gas major ...

BP chief US economist and head of oil and refining, speaking May 13 as a keynote at the Enverus Evolve energy conference in Houston. “The winners over the short term are those that have built up ...