Offshore drilling is a direct result of the growing global appetite for oil and gas ... giant bubble of methane caused an explosion and fire that sank the rig and claimed 11 lives.

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.

BP execs were celebrating safety ... A number of company executives reportedly flew out to the rig to take part in the festivities. The natural gas explosion that killed 11 crew members and ...

The Etap development is currently one of the largest in the North Sea BP has said it was "regrettable" there was no water to tackle a fire that led to the evacuation of a North Sea rig.

No homes or other property was damaged by the explosion, KOCO reported. This article originally appeared on Oklahoman: Bradley oil rig explosion injures four people, per report ...

When the BP oil rig exploded in the Gulf of Mexico, it killed 11 people, injured 17 and spewed oil from its wellhead on the ocean floor for four months before being capped. In that time ...