Oil production has commenced from the NS377 field in Beach's North Shadwan concession, with oil flowing via a tie-in to Petrobel's nearby Ras Ghara oil facility and then by pipeline to the main Petreco Oil Centre at ...
U.S. giant oil services firm Baker Hughes Inc. has joined U.K.-supergiant BP PLC and Schlumberger Ltd. on separate talks with Iraq to more than double output from the country's giant Kirkuk oil field in northern Iraq ...
BP Plc officials overseeing the Macondo well that spewed millions of gallons of oil into the Gulf of Mexico ignored questions about whether safety tests done hours before a fatal blast on the drilling rig were flawed ...
U.S. District Judge Carl Barbier on Tuesday upheld Halliburton's claim that its contract with BP requires BP to defend and indemnify Halliburton against any and all claims related to a blowout or uncontrolled well co ...
BP has won a tender to buy a cargo of jet fuel for loading in the first week of February from Egypt's Middle East Oil Refinery (Midor) traders said on Friday.
Oil giant BP has lost its attempt to shift over $15 billion (9 billion pounds) of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $4 ...
BP Plc seeks to have Halliburton Co., its cement contractor for the Macondo well project whose blowout set off the 2010 Gulf of Mexico oil spill, pay all of the oil company's related costs and damages.
BP Plc has accepted a $4 billion payment from partner Anadarko Petroleum towards the Gulf of Mexico oil spill clean-up, far less than it might have won in court, but a deal that could reduce the overall cost of the d ...