BP, running weeks behind schedule and tens of millions of dollars over budget in trying to complete its troubled Macondo well in the Gulf of Mexico, took many shortcuts that contributed to the disa
A leak from a shallow water crude oil pipeline in the Main Pass Area of the Gulf of Mexico has led Chevron to shut down its offshore Louisiana Main Pass pipeline network, the company said on Tuesda
Nigeria's regulators plan to introduce new lending standards for banks aimed at preventing loans to businesses that wreck the ecosystem, including oil companies not meeting environmental standards,
Chinese Premier Wen Jiabao said on Wednesday that the government would strictly control new petrochemical projects around northern China's Bohai Bay, as energy giant ConocoPhillips apologized for a
An oil spill off the coast of China at a field operated by ConocoPhillips has sparked concerns about discrimination against foreign companies and underscored how Chinese regulators are getting stri
Two Cuban research centres have started using bacteria to treat the oil contaminated water in several parts of the Caribbean island in order to reduce the presence of hydrocarbons in soil and water bodies in the country.
China’s State Oceanic Administration (SOA) has ordered a subsidiary of ConocoPhillips to halt all operations at the Penglai 19-3 oilfield in northern China’s Bohai Bay, saying the company has faile
US oil-services giant Halliburton said Friday that it was filing a defamation lawsuit against BP over the devastating 2010 oil spill in the Gulf of Mexico.