Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.

Up to 5,000 tonnes of oil has now leaked, and media reports and official statements analysed by BBC Verify suggest the spill has spread across the Black Sea and the Sea of Azov. A senior Russian ...

The move is part of a "multi-year program to simplify" the group and improve performance, BP said in a statement. It comes as BP chief executive Murray Auchincloss puts the emphasis on oil and gas to ...

AP Since June, BP has halted or paused 30 projects to prioritize those with the highest profitability. The company has fallen behind other oil majors. BP, whose market capitalization was at $84.58 ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

Last year, BP also scaled back its plans to reduce the amount of oil and gas it produces by 2030. Under Looney, the company had previously promised that emissions would be 35% to 40% lower by the ...

The move is part of a "multi-year program to simplify" the group and improve performance, BP said in a statement. This comes as BP chief executive Murray Auchincloss has emphasized oil and gas to ...

BP has underperformed its European rivals of late as energy market participants continue to question the firm's investment case. British oil major BP on Thursday said it is planning to cut ...

A massive oil spill from a wellhead of Oil Mining Lease-15, a facility of the Nigerian National Petroleum Company Limited, has ignited a fire affecting aquatic life in Buguma in the Asari-Toru ...

a record amount thanks largely to funding related to the 2010 BP Deepwater Horizon oil spill. The draft plan, which requires approval from the state Legislature, includes continued funding for the ...