Oil Giant Bp

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  British Oil Giant To Slash 10,000 Jobs As Pandemic Hits Oil Demand

  British energy giant BP on Monday announced plans to axe "close to 10,000 jobs", or almost 15 percent of its global workforce, after the coronavirus pandemic slashed demand for oil.

• BP Off Hook for Several Billion Dollars in Oil Spill Fines

  A US judge said Thursday energy giant BP faces a maximum fine of $13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.

• 2010 Gulf of Mexico Oil Spill: 'BP Was Grossly Negligent'

  A US judge Thursday ruled the massive 2010 Gulf of Mexico oil spill was the result of BP's "gross negligence," potentially subjecting the oil giant to billions in additional penalties.

• Three years after Gulf spill, BP fights billions in fines

  Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines.

• US oil spill: judge clears BP's $7.8 billion settlement

  British oil giant BP won US court approval Friday of a $7.8 billion settlement with people and businesses who lost money and property due to the 2010 oil spill in the Gulf of Mexico.

• Oil companies investigate cause of sheen in Gulf of Mexico

  Oil giant BP is investigating a new sheen in the Gulf of Mexico with a remote-controlled mini-sub but says there is no immediate indication it was the result of a new oil spill.