Latest BP Plc News

FILE - In this Aug. 27, 2018 file photo, Russian President Vladimir Putin, left, listens to Russian Rosneft CEO Igor Sechin during his flight to visit Chernigovets coal mine, in Beryozovsky, Kemerovo region, Russia. On Tuesday, Feb. 18, 2020, the Treasury Department slapped sanctions on Rosneft’s trading arm and its CEO, accusing the Geneva-based firm of providing a critical lifeline to Venezuela’s President Nicolas Maduro. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File)

Rosneft hands Venezuelan oil business to Russian state firm

Mar. 28, 2020 7:56 PM EDT

MOSCOW (AP) — Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolás Maduro in the...

President Donald Trump speaks about the coronavirus in the James Brady Briefing Room, Wednesday, March 25, 2020, in Washington as Vice President Mike Pence and Treasury Secretary Steven Mnuchin listen. (AP Photo/Alex Brandon)

Trump's push to open economy could come at cost of lives

Mar. 26, 2020 10:29 PM EDT

WASHINGTON (AP) — The contrast could hardly be more stark. Gov. Andrew Cuomo of New York has said that if all of his sweeping, expensive measures to stem the coronavirus saved one life, it would be worth it. President Donald Trump has another view: The costs of shutting down the economy outweigh the...

FILE - In this file photo taken June 12, 2010, crude oil from the Deepwater Horizon oil spill washes ashore in Orange Beach, Ala. The spring of coronavirus feels a lot like the summer of oil to residents along the Gulf Coast. Bars and restaurants are empty in Florida because of an invisible threat nearly a decade after the BP oil spill ravaged the region from the ocean floor up, and condominium reservations have taken a nosedive in Alabama. (AP Photo/Dave Martin, File)

Coronavirus rekindles oil spill memories along Gulf Coast

Mar. 22, 2020 8:17 AM EDT

The spring of the coronavirus feels a lot like the summer of oil to residents along the Gulf Coast. Bars and restaurants are empty in Florida because of an invisible threat nearly a decade after the BP oil spill ravaged the region from the ocean floor up, and condominium reservations have taken a nosedive in...

FILE - This Friday, Nov. 22, 2013, file photo shows the Centenario deep-water drilling platform off the coast of Veracruz, Mexico in the Gulf of Mexico. Bidding on federal oil and gas leases in the Gulf of Mexico on Wednesday, March 18, 2020, was the lowest since gulf-wide sales began in August 2017, and lower than any sale since 1993 for the productive central Gulf. (AP Photo/Dario Lopez-Mills, File)

Oil and gas lease bidding in Gulf of Mexico drops anew

Mar. 18, 2020 6:53 PM EDT

NEW ORLEANS (AP) — Bidding on federal oil and gas leases in the Gulf of Mexico on Wednesday was the lowest since gulf-wide sales began in August 2017 — and lower than any sale since 1993 for the productive central Gulf. Twenty-two companies made $93 million in high bids on 71 tracts, according to...

In this photo provided by the Coastal Protection and Restoration Authority, Louisiana Gov. John Bel Edwards sticking a large pin in a mural of Louisiana's coast, in Baton Rouge, La., Wednesday, Feb. 12, 2020, to show the location of the Maurepas Swamp. A council created to allocate money from water pollution fines paid after the catastrophic BP oil spill voted Wednesday to give Louisiana $130 million to link the state's second-largest coastal swamp back up to the Mississippi River, providing fresh water and sediment to nourish it. (Coastal Protection and Restoration Authority via AP)

$130M in BP spill money to help reconnect big swamp to river

Feb. 12, 2020 7:21 PM EST

NEW ORLEANS (AP) — Louisiana will get $130 million in BP oil spill money to link its second-largest coastal swamp back up to the Mississippi River, and Alabama will receive funds to add up to 12,000 acres (4,800 hectares) to a wildlife management area. The RESTORE Council, made up of officials from the...

Police officers stand near activists outside BP's headquarters to mark the first day of the oil company's new chief executive Bernard Looney, at St James' Square in London, Wednesday Feb. 5, 2020. Around 100 environmental activists mounted the peaceful protest in central London as Bernard Looney prepared to take up his new role. (Victoria Jones/PA via AP)

BP lays out long-term ambition to achieve net-zero emissions

Feb. 12, 2020 5:00 PM EST

LONDON (AP) — Energy producer BP said Wednesday it wants to eliminate or offset all carbon emissions from its operations and the oil and gas it sells to customers by 2050, an ambitious target born out of pressure to help combat climate change and keep making money. London-based BP's goals include becoming...

Pelicans fly over and sit on man made rock revetment on Queen Bess Island in Barataria Bay, La., Monday, Feb. 3, 2020. The island provides a crucial nesting ground for pelicans and other seabirds and is being restored to nearly its former size after decades of coastal erosion and the devastating blow of an offshore oil spill 10 years ago. (AP Photo/Gerald Herbert)

BP oil spill cash rebuilds eroded Louisiana pelican island

Feb. 4, 2020 3:55 AM EST

QUEEN BESS ISLAND, La. (AP) — A Louisiana island that provides a crucial nesting ground for pelicans and other seabirds is being restored to nearly its former size after decades of coastal erosion and a devastating offshore oil spill 10 years ago. Gov. John Bel Edwards visited the island Monday, unveiling...