Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

Deepwater Horizon — an ultra-deepwater drilling platform that BP leased from ... fire that sank the rig and claimed 11 lives. Since then, substantial quantities of oil and gas have leaked ...

BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.

In short order, BP was at the centre of one of the largest oil spills in Alaskan history, a deadly explosion at a major Texas ...

Murray Auchincloss, BP’s chief executive ... the technology to exploit it. The same rig, Deepwater Horizon, was at the centre of one of the oil industry’s worst ever disasters when it suffered ...

BP itself is also a producer of shale oil through Denver-based BPX ... bigger drop — in 2010 after the deadly Deepwater Horizon rig explosion in the Gulf of Mexico, and in 2020 after the ...

India’s state-controlled Oil & Natural Gas Corporation (ONGC) has selected BP as technical services provider for its Mumbai High asset as it seeks to revive oil and gas production at the ageing ...