BP announced a massive oil discovery on Wednesday, in deepwater Gulf of Mexico. The company said it drilled to a total depth of approximately 35,055 feet and found oil.

Russian police visited offices of BP PLC and its joint venture Wednesday in what some commentators saw as a possible part of a state-orchestrated campaign to obtain lucrative energy assets.

Clues suggest that merger talks between two oil giants, BP and Royal Dutch Shell, to create the world's biggest corporate titan, eclipsing ExxonMobil are underway.

BP and Tata: $US 100 Million Investment to Create Solar Mega Plant in Bangalore to Meet Demands of Indian and Global Solar PV Markets.