Aker BP ASA has extended its alliance agreement with SLB (Schlumberger Limited) and Stimwell Services Ltd. for another five ...

The alliance has supported Aker BP’s operated assets in achieving production targets through collaboration, digitalisation ...

BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.

It was a week when both oil and natural gas prices logged gains. The headlines revolved around European integrated energy company BP plc’s BP green signal to the Ginger gas project in Trinidad and ...

Aker BP, together with SLB and Stimwell Services, has extended its alliance agreement for another five years to further accelerate and boost oil production.

The spending plans for 2025 indicate that the oil giants are prioritizing efficiency and returns over aggressive growth ...

Oil supplies fell by 3.3 million barrels to 433.6 million in the week ended March 21, below analysts expectations that inventories would rise by 1 million barrels. The activist investor has pushed the ...

Oil companies like ExxonMobil and BP are some of the oldest and largest ... but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales.

Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive ...

Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for ...

The ruling is the first in several lawsuits from coastal parishes that want the oil and gas industry to compensate them for ...