BP shareholders back more disclosure on risks

2015-04-17 11:15

BP shareholders have voted overwhelmingly in favour of a resolution that means the oil major will test its business strategy against climate change risks.

BP faces investor discontent over CEO 2014 pay

2015-04-01 16:11

Leading consultants have urged BP shareholders to vote against chief executive $12.7m 2014 pay, saying it is not in line with the energy major's poor performance.

BP cuts investment as sliding oil hits profit

2015-02-03 10:45

Energy giant BP says it will slash investment this year as tumbling oil prices cut into the group's profits, mirroring a situation across the sector.

BP's max fine for spill cut by billions

2015-01-16 12:30

BP will face a maximum fine of $13.7bn under the Clean Water Act for its Gulf of Mexico oil spill, several billion less than feared.

BP, Anadarko fail to win review of fines

2015-01-11 12:20

BP and Anadarko Petroleum narrowly failed to persuade a US appeals court to reconsider its ruling over the 2010 Gulf of Mexico oil spill.

US judge upholds BP 'gross negligence' ruling

2014-11-14 09:06

A US judge weighing how much BP should be punished for the 2010 Gulf of Mexico oil spill has refused to overturn his finding of negligence.

BP profits slump on sliding oil prices

2014-10-28 11:18

Profits at BP have dropped in the third quarter against a backdrop of sliding crude oil prices, says the British energy giant.

BP asks judge to reconsider ruling

2014-10-03 09:35

BP has asked a US court to reconsider a ruling that found the company "grossly negligent" for the 2010 oil spill in the Gulf of Mexico.

UK government helps BP in oil spill rulings

2014-09-08 11:30

The British government has urged the US Supreme Court to review appeals court rulings against BP over a 2010 Gulf of Mexico oil spill.

BP to fight ruling by US judge

2014-09-05 15:08

BP is planning to appeal a ruling by a US judge, as the oil group faces a possible $18bn fine and a lengthy legal process.


BP to reveal climate change impacts

2015-04-17 09:23

BP shareholders have voted overwhelmingly to publish regular updates on how its strategies are affecting climate change, making it one of the first global oil companies to disclose such details.

Lower oil prices hit BP profits

2015-02-03 15:15

BP's quarterly profits fell by 20% to $2.2bn in the last three months of 2014 due to plunging oil prices, the energy giant says.

BP freezes pay in 2015 to cut costs

2015-01-28 15:45

BP is freezing base pay across the group this year, the latest in a series of steps by oil majors to cut costs in response to sinking oil prices.

UK to launch review of its oil and gas industry

2015-01-16 10:00

Britain will launch a review to identify key risks to oil and gas production in response to the collapse in oil prices.

BP to spend $1 bln on restructuring

2014-12-10 11:17

Oil major BP will spend $1bn on group-wide restructuring in the coming year as it laid out its long-term plans for its upstream oil and gas business.

2 million barrels of BP oil polluting ocean floor

2014-10-28 11:55

Around two million barrels of oil from the BP spill off the US Gulf Coast in 2010 is believed to have settled on the ocean floor, according to a new study.

Colombian farmers sue BP for environment damage

2014-10-16 10:13

A case in which 100 Colombian farmers are suing British oil giant BP for environmental damage has opened in the High Court in London.

UK government lends hand to BP in oil spill ruling

2014-09-08 12:15

The British government has urged the US Supreme Court to review an appeals court ruling against BP over a 2010 Gulf of Mexico oil spill.

Fines could prompt BP to cut Russia exposure

2014-09-05 16:15

The prospect of up to $18bn in new fines for the 2010 Gulf of Mexico oil spill could encourage BP to sell off some of its Russian interests.

BP can absorb new oil spill fine - analysts

2014-09-05 14:30

BP should be able to meet the cost of up to $18bn of new fines for the 2010 Gulf of Mexico oil spill without major asset sales, say analysts.

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