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 ...

(AP) A worker who survived the deadly explosion on the Deepwater Horizon testified Wednesday that a flurry of activity on the drilling rig hindered his ability to monitor BP’s well for signs of ...

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 ...

LONDON (Reuters) - Halliburton Co, the oilfield services company that cemented the blown-out Gulf of Mexico well which caused the United States' worst-ever oil spill, on Sunday said a BP report into ...