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LONDON — The British oil giant BP said on Tuesday that it lost $5.8 billion in the second quarter, reflecting a huge settlement over the 2010 Gulf of Mexico oil spill.

A maritime court in the coastal city of Qingdao has said it will hear a landmark case brought by a nonprofit organisation against U.S.

The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that Oil Industry Safety Directorate (OISD) had conducted an en

NASHIK: The Maharashtra Tourism Development Corporation (MTDC) proposal to shift motorized boats from the Gangapur boat club to Bhavali dam has brought much cheer among the citizens and activists,

BP’S US$18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could make it an acquisition target.

Nigeria’s state-run oil company said Thursday it had recorded 3,700 cases of pipeline vandalism last year, leading to a revenue loss of some 60 billion naira ($299 million).

BP Plc will pay up to $18.7 billion in penalties to the U.S.

Lrr — A Senegalese vehicle with registration number TH- 6248 E on Monday caused a massive oil spillage at the Bamba Tenda-Yelli Tenda ferry crossing point in the Lower River Region.

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