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The Deepwater Horizon oil rig burns after an explosion in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

BP, Macondo contractors resolve oil spill claims against each other

Halliburton CEO Dave Lesar said the agreement closes out another chapter in the Gulf of Mexico saga for the oil field service company and restores its relationship with BP, one of its customers.
In this photo taken May 10, 2015, a dead dolphin washes ashore in the Gulf of Mexico on Grand Isle, La. National Oceanic and Atmospheric Administration (NOAA) scientists stated in a report released, Wednesday, May 20, 2015, that there are links between BP's catastrophic 2010 oil spill and a spate of dolphin deaths since the spill. The study is part of a wide-ranging assessment of ecological damage caused by the spill. BP has rejected that contention and said necropsies of dolphins and "other information reveal there is no evidence" to make the link between the spill and dolphin deaths. (AP Photo/Cain Burdeau)

Researchers say BP oil spill contributes to dolphin illnesses, deaths

The latest findings mark an “important piece in the chain of evidence” linking an uptick in deaths since early 2010 to the BP oil rig disaster that spewed more than 200 million gallons of crude oil into the Gulf of Mexico, researchers said.
Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

Plan OK’d to drill into BP’s ill-fated Macondo reservoir

A privately owned Louisiana firm will be looking to extract oil and gas deep under the Gulf of Mexico’s seafloor, an undertaking that proved catastrophic for BP.
(AP Photo/Gerald Herbert, File)

Appeals court opens door to some BP settlement appeals

The appeals court in New Orleans late Friday ordered a lower court judge to change a procedure that effectively blocked appeals. And the appeals court told the judge to reconsider a rule barring BP from appeals regarding the calculation of a business’ losses that are based on the way revenues and expenses are matched.
The concrete walls on BP's new computing center are made to look like seismic images. (Zain Shauk/Houston Chronicle)

Exec at OTC: For BP, big data ups production by nearly 300,000 barrels a day

Over the past two years, BP has built ties to a major technology company and is developing 10 major projects across the company that use big data analytics to corral the massive streams of information gushing from its oil fields.
James Dupree, BP’s chief operating officer of resource development and technology, speaks during the Offshore Technology Conference at the NRG Center in Houston in May 2015.

Collaboration with Silicon Valley key to wrangling oil field data, BP exec says

The oil industry will have to harness the power of Silicon Valley and academia if it wants to learn how to wrangle terabytes of oil field data surging through fiber optic cables from the Eagle Ford Shale to Azerbaijan, a BP executive said Monday.
Categories: OTC, Technology
(AP Photo/ Louis Lanzano)

Wall Street models fail as Big Oil crushes estimates

Exxon Mobil Corp., BP Plc and other major oil producers beat analysts’ profit estimates by an average of 46 percent for the first quarter, according to data compiled by Bloomberg
(AP Photo/Gerald Herbert, File)

Jury trials for medical suits over BP spill approved

“BP disagrees with the Court’s ruling and is considering its options,” a company spokesman said.
Robert " Bob" Dudley, chief executive officer of BP Plc (Photographer: Simon)Dawson/Bloomberg

BP cuts hundreds of jobs as profits fall by nearly $1 billion

BP said Tuesday it lost $375 million on cancellation fees for two deep-water rigs in the Gulf of Mexico.
(Matthew Lloyd/Bloomberg)

BP says oil spill bill over $2 billion would be “severe”

Any fine above $2 billion against BP for the Deepwater Horizon disaster would be “extraordinary and severe,” double the highest-ever U.S. water-pollution fine and potentially crippling its American oil business, BP said in court documents.