Supermajor gets to grips with welcome sub-surface surprise in Texas’ Eagle Ford, and weighs up plan to boost US gas ...

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.

Upon completion of drilling the "ElKing-2" well, the DS-12 rig will move to drill the "Fayoum-5" exploration well in the North Alexandria concession. Nader Zaki, bp Regional President for the Middle ...