Oil drilling contractor Parker Drilling Co. secures a two-year operations and maintenance contract for BP's Liberty rig. It is the third contract Parker has landed with BP in developing the Liberty ...

Now it's the New York Times gone wild, acting like that proverbial blogger in the basement making things up, as former and failed Republican vice-president candidate Sarah Palin still sometimes claims ...

NEW YORK (Reuters) - Oil major BP will invest $30 million (15.20 million pounds) in its long-delayed Liberty oil field in Alaska this year ahead of a final investment decision on the $1 billion ...

NEW ORLEANS - A retired BP employee who supervised drilling operations on the rig that exploded in the Gulf of Mexico testified Wednesday that he never felt pressure to sacrifice safety to save money, ...

NEW ORLEANS — BP made a series of money-saving shortcuts and blunders that dramatically increased the danger of a destructive oil spill in a well that an engineer ominously described as a &ldquo ...

BP must pay the majority of a $136 million award to offshore driller Noble in a contract dispute over a rig that was to drill off ­Libya in 2010, an arbitration panel has found. 24 July 2015 0:00 GMT ...