How BP and the Oil Industry Got Into Such a Mess Published Jun 10, 2010 at 6:00 AM EDT Updated Jun 16, 2010 at 2:18 PM EDT The Worst Man-Made Environmental Disasters: Click on on image to view photos.

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...

Firstly, forecasts (including from BP itself) stating oil demand peaked in 2019. Secondly, the pivot by both governments and business toward a zero-net emissions future. In short, the oil industry ...

The COVID-19 pandemic has also had a significant impact on the industry, leading to lower demand for oil and gas. Despite the challenges, BP’s shares traded 1.4% higher on Thursday morning ...

But BP's star gulf property, a massive oil and gas field about 140 miles southeast of New Orleans called Thunder Horse, is already raking in cash for the company (ExxonMobil owns 25 percent of ...

Four months after the White House scrapped plans in the wake of the BP oil spill to open new coastal areas for offshore drilling, a new Interior Department report has ...

The top congressional recipients of BP campaign cash include Republican Rep. Don Young of the oil-intensive Alaska delegation, who has received almost as much as Obama, raking in $73,300 during ...

The "nightmare well" is dead. But the Gulf coast's bad dream is far from over. Federal officials declared Sunday that the well where the Deepwater Horizon rig exploded had finally been killed.

Many oil and gas companies have set 2025 as a key year for interim emission reduction targets, but the standardization and verification of these targets vary significantly across the industry.