Three crude tankers holding about 1.5 million barrels of crude oil for Bharat Petroleum Corporation (BPCL) are stranded at the Mumbai port, which has been shut following an oil spill, a company spokesman said on Monday. “Our ...

It seems BP and US govt. are heading for showdown over the issue of compensation to the workers who lost wages due to moratorium imposed by the US government on exploration activities in the Gulf of ...

EB Bureau State owned oil and gas behemoth ONGC’s CMD R.S. Sharma said,  oil spill in gulf of Mexico from BP owned field is going to prove a game changer event for entire exploration and production industry ...

Fears that oil from a massive Gulf of Mexico spill was drifting to US shorelines rose on Tuesday after tar balls were found in Florida, while BP faced mounting pressure to stem its leaking well ...

The UK based BP continues their effort to contain the Macondo blowout. According to the BP chief executive Tony Hayward the second relief well be drilled by Friday. ...

Onshore preparations are being launched by BP as the next phase of its effort to contain and clean up the Gulf of Mexico oil spill,in case spilled oil should reach the coast. ...