BP shares surge on report that rival Shell could acquire it
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
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BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
In 2010, while oil spewed into the Gulf of Mexico, Scott Pelley investigated the Deepwater Horizon oil rig explosion that killed 11. One survivor, Mike Williams, told the story of his harrowing escape from the burning rig.
In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded in the Gulf.
In the summer of 2010, panic spread across the Gulf Coast when the Deepwater Horizon oil rig exploded offshore, causing 134 million gallons to gush into the water. Mark Strassmann reports on the ongoing recovery.
Oil prices jumped on Monday after the energy giant said it would pause transits through the Red Sea amid a surge in attacks along the key maritime route.
Record profits and a growing climate crisis have renewed calls for a tax on fossil-fuel companies.
Surging earnings at British oil company are fueling calls for UK to expand tax on fossil-fuel company profits.
Both people were fatally injured in a large fire that broke out Tuesday evening. There was no word on what may have caused the blaze.
"Caught on Tape": An eel is captured on an underwater camera swimming by to check out the massive oil leak in the Gulf of Mexico.
"CBS News RAW": A man reluctantly swims in an oily part of the Gulf of Mexico as BP hopes to finally cover the oil leak with containment domes.
The latest effort by BP to stem the flow of oil didn't work. We'll ask Bob Dudley, BP's managing director, White House environmental advisor Carol Browner, and Congressman Ed Markey what's next? Also CBS News Investigative Correspondent Sharyl Attkisson on this episode of "Face the Nation."
Is it time for Tony Hayward to go? Is the 20 billion dollars BP has put in escrow enough to meet the damage claims? Just two of many questions for Alabama Senator Senator Richard Shelby, Florida Senator Bill Nelson, Congressman Joseph Gao of Louisiana and Senator Barbara Boxer, chair of the Senate Environment Committee. Finally, Bob Schieffer comments on the high price of gaffes.
As President Obama heads back to the coast, the administration has given BP until this weekend to come up with a better plan to stem the flow. But what if it doesn't? Bob Schieffer asks the government point man, Admiral Thad Allen of the Coast Guard. Then, three Gulf Coast Governors whose states are being affected by the spill; And Bob Schieffer's final word on casting a spell.
BP and LinkedIn reach settlements, Trump Hotel chain is hacked and McDonald rolls out all-day breakfast. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
Barrons.com Editor Jack Otter discusses how a partial shutdown at a massive BP refinery in Indiana caused gas prices to rise by as much as 50 cents overnight in five Midwestern states.
CBS Moneywatch's Jill Wagner joins CBSN with a rundown of the day's business and consumer headlines.
BP is crying foul over the way its agreement to compensate victims of its Gulf oil spill is being interpreted. It claims businesses not harmed by the spill have collected hundreds of millions of dollars. Scott Pelley reports on Sunday, Sept. 7 at 7 p.m. ET/PT.
Four years ago when the Deepwater Horizon exploded, one man made a harrowing escape from the burning rig and told his story on 60 Minutes.
Jim Roy, a lawyer for the plaintiffs, has a word for lawyers who recruit claimants by saying their losses can be unrelated to the spill: stupid.
Pat Juneau, the lawyer who is administering the fund, explains an unusual aspect of BP's controversial class action settlement.
In 2010, while oil spewed into the Gulf of Mexico, Scott Pelley investigated the Deepwater Horizon oil rig explosion that killed 11. One survivor, Mike Williams, told the story of his harrowing escape from the burning rig.
BP is crying foul over the way its agreement to compensate victims of its Gulf oil spill is being interpreted. It claims businesses not harmed by the spill have collected hundreds of millions of dollars. Scott Pelley reports on Sunday, May 4 at 7 p.m. ET/PT.
It's been four years since the Deepwater Horizon disaster that killed 11 people and unleashed oil into the Gulf of Mexico for 87 days. Scientists dove to the Gulf floor for the first time since 2010 to determine how marine life is recovering. Chip Reid reports.
The after effects of the BP oil spill four years ago this month are evident along the coastal wetlands south of Louisiana. A report released by a leading environmental organization indicates wildlife and the estuary itself are still struggling.
It has been 30 years since the first handheld cell phone went on sale. Back in 1984 the phone was so big, its creators nicknamed it "The Brick." The Motorola phone cost nearly $4,000 and lasted about half an hour before the battery died. Jill Wagner has the latest MoneyWatch headlines.
Military planners are advising the president that any strike on Tehran's assets would almost certainly not be a singular, decisive blow.
President Trump will deliver the 2026 State of the Union address before a joint session of Congress tonight. Here's when it will take place, and how and where to watch.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A memo shows Jeffrey Epstein was the subject of a previously undisclosed U.S. Drug Enforcement Agency investigation targeting him and 14 others for suspicious money transfers possibly linked to illegal narcotics.
Ukrainian President Volodymyr Zelenskyy marked the start of the fifth year of the Ukraine war by saying Russia has failed to achieve its goals — and the Kremlin agreed.
Some House Republicans have rebuked Mr. Trump on tariffs, war powers and the Epstein files, and defections could grow as the midterms approach.
An image the FBI released of the suspect at Nancy Guthrie's front door, without a backpack, was captured by her Nest doorbell camera on a day prior to the suspected abduction.
A newly revealed text exchange appears to show Republican Rep. Tony Gonzales encouraging an aide who later died by setting herself on fire to send him an explicit photo.
Anna Kepner, 18, was on a Caribbean cruise with her father, stepmother and three stepsiblings when she was discovered dead on the Carnival Horizon in November.
Some House Republicans have rebuked Mr. Trump on tariffs, war powers and the Epstein files, and defections could grow as the midterms approach.
A record-setting snowstorm has prompted managers of The Boston Globe to postpone the printing of their daily newspaper for the first time in its 153 year history.
Anna Kepner, 18, was on a Caribbean cruise with her father, stepmother and three stepsiblings when she was discovered dead on the Carnival Horizon in November.
An image the FBI released of the suspect at Nancy Guthrie's front door, without a backpack, was captured by her Nest doorbell camera prior to the night of her abduction.
Newsom's remarks about his 960 SAT score went viral as he told Atlanta Mayor Andre Dickens and a packed auditorium: "I'm not trying to impress you, I'm just trying to impress upon you I'm like you, I'm not better than you."
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
President Trump's novel use of a 1974 trade law to impose a global 15% tariff could be ripe for legal challenges, according to trade experts.
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
Stocks slumped amid investor fear of AI disruption and uncertainty surrounding President Trump's new tariffs.
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
President Trump will deliver the 2026 State of the Union address before a joint session of Congress tonight. Here's when it will take place, and how and where to watch.
Some House Republicans have rebuked Mr. Trump on tariffs, war powers and the Epstein files, and defections could grow as the midterms approach.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A newly revealed text exchange appears to show Republican Rep. Tony Gonzales encouraging an aide who later died by setting herself on fire to send him an explicit photo.
Newsom's remarks about his 960 SAT score went viral as he told Atlanta Mayor Andre Dickens and a packed auditorium: "I'm not trying to impress you, I'm just trying to impress upon you I'm like you, I'm not better than you."
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return. CBS News chief medical correspondent Dr. Jonathan LaPook talks with David Oshinsky, author of "Polio: An American Story," and with violin virtuoso Itzhak Perlman, who contracted polio as a child, about how parents opting out of vaccinations for their children could affect polio rates here.
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
Travis Corbitt's struggles to breathe led to his retirement and reliance on an oxygen tank.
A trusted associate of one of the cartel leader's romantic partners escorted the woman to Tapalpa, Jalisco, for a meeting with the drug lord, officials said.
Ukrainian President Volodymyr Zelenskyy marked the start of the fifth year of the Ukraine war by saying Russia has failed to achieve its goals — and the Kremlin agreed.
Military planners are advising President Trump that any strike on Tehran's assets would almost certainly not be a singular, decisive blow.
As Iran's new academic year began over the weekend, large-scale protests erupted across several universities.
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
Madison Beer opens up about the start of her music career, artists who have inspired her along the way and creating her third studio album, "Locket," in an interview with CBS News senior culture correspondent Anthony Mason.
Nick Reiner pleaded not guilty in Los Angeles on Monday in the killing of his parents, Rob Reiner and Michele Singer Reiner. CBS News correspondent Carter Evans has more.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
CBS News' Dave Malkoff joins from Star Trek: The Cruise with Rob Picardo, who plays "The Doctor" in the series, to discuss how people are celebrating 60 years of the franchise.
Britain's film academy and the BBC apologized after a broadcast of the BAFTA awards ceremony that included an offensive outburst by an audience member with Tourette's syndrome.
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
A trusted associate of one of the cartel leader's romantic partners escorted the woman to Tapalpa, Jalisco, for a meeting with the drug lord, officials said.
Anna Kepner, 18, was on a Caribbean cruise with her father, stepmother and three stepsiblings when she was discovered dead on the Carnival Horizon in November.
An image the FBI released of the suspect at Nancy Guthrie's front door, without a backpack, was captured by her Nest doorbell camera prior to the night of her abduction.
Kouri Richins slipped five times the lethal dose of fentanyl into a cocktail that her husband drank, prosecutors say.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Just getting started on your taxes? Erin Voisin, managing director for EP Wealth Advisors, joins CBS News to discuss what to do for the biggest refund.
Less than two months into his tenure as New York City mayor, Zohran Mamdani is responding to a second major snowstorm. CBS News reporter Jared Ochacher has more.
Nearly 43 million Americans have federal student loans, according to the latest data from Congress. Now, a new report from left-leaning advocacy think tanks the Century Foundation and Protect Borrowers has found one out of every four Americans with student loans is delinquent. Data from the University of California Consumer Credit Panel was used for the analysis. Washington Post national higher education reporter Danielle Douglas-Gabriel joins CBS News to discuss.
The State Department has ordered non-essential staff to leave its embassy in Beirut, Lebanon, amid rising tensions in the Middle East. Indirect talks between the U.S. and Iran are set to be held in Geneva this Thursday. Osamah Khalil, chair of the International Relations Program at Syracuse University, joined CBS News to discuss.
The U.S. men's hockey team beat Canada 2-1 in overtime in a thrilling Olympic final game. Tony Dokoupil has more on the patriotic pride they inspired.