An auction where you can buy a $1 million oil lease

Aug 28, 2014
Oil companies spend millions for the right to drill in the Gulf of Mexico.

BP signs deal to get back in the game

Mar 14, 2014
By signing a new deal with the EPA, BP agrees to more oversight

PODCAST: Is BP back?

Mar 14, 2014
Beginning next week, BP will be allowed to bid on leases to drill for oil on government land.

In Chicago, piles of petroleum coke suggest the future of Canadian tar sands oil

Nov 18, 2013
A byproduct of refining gasoline clouds the skies of a South Side Chicago neighborhood.

After BP spill, Transocean remains pioneer

Aug 7, 2013
The offshore-drilling giant Transocean is tied in with BP in the public imagination because of its involvement in the Deepwater Horizon catastrophe.

The money well is running dry at BP

Jul 30, 2013
The company's $20 billion Gulf oil spill compensation fund is almost empty -- and there could be many more claims in the pipeline.

BP, Halliburton: Best Frenemies Forever?

Jul 26, 2013
Halliburton and BP work together in the oil fields, despite disagreements over fault in the BP oil spill.

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Oil tax cuts spur fight in Alaska

Jun 4, 2013
Alaskans are worried that a cut to oil taxes could ruin the state budget. BP credits the tax break for spurring new investments in the North Slope oil field.

BP waves the white flag, asks for help from the Prime Minister

May 16, 2013
BP said they were just trying to make it for easier for claimants, but now they're in over their heads.

3 oil companies raided by European officials

May 15, 2013
The European Commission is investigating a potential price manipulation scheme among oil companies.