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Marketplace

BP's CEO outlines the issues surrounding the oil and gas industry

by David Brancaccio and Daniel Shin Oct 1, 2018
Bob Dudley on a volatile market, trade tensions and greener alternatives.
British energy giant BP CEO Bob Dudley addresses a keynote speech during the World Gas Conference in Paris on June 2, 2015. 
ERIC PIERMONT/AFP/Getty Images

Oil execs in meetings with pope

by Reema Khrais Jun 8, 2018
Pope Francis has called the world’s leading oil execs to the Vatican. Meetings are today and tomorrow, and will include leaders from companies like BP and ExxonMobil. They’re gathering to talk about how their businesses can tackle climate change. Click…

Texan oil man T. Boone Pickens hangs up his hat

by Jed Kim Jan 12, 2018
Infamous investor T. Boone Pickens is closing his BP Capital fund and retiring at age 89 after amassing a fortune in energy — everything from oil and natural gas, to wind power and water. Click the audio player above to hear…

Trump administration may roll back safety rules put in place after BP oil spill

by Ryan Kailath Dec 28, 2017
After the BP oil spill in 2010, a new federal oversight agency was created: the Bureau of Safety and Environmental Enforcement. Now, according to the Wall Street Journal, it’s proposing to roll back some of the safety rules it created. …

BP leak in Alaska fuels debate on future drilling

by Scott Tong Apr 17, 2017
Three things that no one wants to hear together: BP, oil and leaking. A BP well sprung a leak in the Alaskan Arctic this past Friday. Reports say crude oil is no longer spraying from the leak, but natural gas…

Gulf Coast residents upset by BP settlement funds

by Gigi Douban Nov 29, 2016
Alabama has used most of a recent settlement to help fund Medicaid and pay off debt.
Absorbent material is placed on the beach as oil residue washes ashore from the Deepwater Horizon oil spill in Orange Beach, Alabama, in 2010.
Joe Raedle/Getty Images
The Price of Profits

Former BP CEO John Browne emphasizes the long term

by David Brancaccio Jun 15, 2016
Old strategies of social responsibility won't work, he says.
The then-Group Chief Executive of British Petroleum (BP) , Sir John Browne, at the company's headquarters in London in 2000.
ADRIAN DENNIS/AFP/Getty Images

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Shell looks to merge with BG

by Ashley Milne-Tyte Jan 27, 2016
Shell's proposed merger faces new questions.
Shell's proposed merger with BP faces new questions.
ADRIAN DENNIS/AFP/Getty Images

Five years after BP spill, financial problems persist

by Eliza Mills Jul 2, 2015
How the oil spill changed businesses on the Gulf Coast.
The Crude Economy

An oversupply of oil isn't all good

by Tracey Samuelson Dec 9, 2014
Too much oil means prices fall, but also oil companies cutting back.