On April 20, 2010, an explosion on the Deepwater Horizon drilling rig killed 11 workers and triggered an oil spill that released approximately 4.9 million barrels of crude oil into the Gulf of ...

Over a decade on from the Deepwater Horizon oil spill ... a blowout caused a huge explosion on the offshore drilling rig operated by BP in the Gulf of Mexico. Eleven people were killed.

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

China National Offshore Oil Corporation operates an offshore drilling rig in an oil field in the Bohai Sea. CHINA DAILY In a scene from Deepwater Horizon — a film based on the 2010 offshore oil spill ...

WASHINGTON — Working to dismantle his predecessor’s environmental legacy, President Donald Trump signed an executive order on Friday aimed at expanding drilling in the Arctic and opening other ...

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.

Panels in the Florida House and Senate approved proposals aimed at shielding environmentally sensitive areas from oil ...

RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.