BP ousts recently appointed chair over "conduct issues"
The board upheaval comes less than a year after BP appointed Albert Manifold to the role.
Watch CBS News
The board upheaval comes less than a year after BP appointed Albert Manifold to the role.
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
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.
Almost 300 dead and dying dolphins have washed up on the shores of four Gulf Coast states – three times the usual number
Between 2015 and 2019, fossil fuel investment by major energy companies dwarfed their spending on low-carbon alternatives
In his decision he says the environmental problem is too big for a "judge or jury in a public nuisance case"
Legal observers say they've never previously heard of a court holding a tutorial on climate change
Even after a pay cut of $8 million, the executive's compensation remains higher than rival CEOs
Donald Trump's signoff on two controversial oil projects that had been put on hold creates many winners and losers
It took another $5.2 billion charge for the Deepwater Horizon disaster but says its years of retrenchment are over
Sends flames high in air; vibrations felt ten miles away
The four biggest energy companies are adamant about keeping payouts high -- and even seek to push them higher
Oil companies are laying off thousands as they struggle to adapt to the lowest crude prices in years
British energy giant sees earnings plunge amid depressed crude prices, legal costs from Deepwater Horizon spill
It's cutting jobs in its exploration and production operations worldwide to ensure it "remains competitive"
Was oil giant trying to scare people into dropping their claims?
BP grant money left over from the 2010 Gulf oil spill is being used to repair and renovate a beachfront governor's mansion
When tragedies strike, many people rush to the rescue; others seize the opportunity to take advantage of the needy
Dolphins in Louisiana's Barataria Bay, polluted by BP's 2010 oil spill, are having trouble giving birth
Prosecutors allege that defendants stole people's identities to file bogus claims related to 2010 oil disaster