BP slides into quarterly loss as low oil prices bite

2016-04-26 19:31

BP sank into a loss in the first quarter, hit by low crude prices and costs linked to the 2010 Gulf of Mexico oil spill, the British energy giant says.

WATCH: Facts on armed robbery at BP Sunnyrock

Two armed robbers cornered a motorist at a petrol garage in Germiston on Sunday. Click here for more.

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BP boss faces revolt over pay rise despite loss

2016-04-14 16:59

BP's chief executive Bob Dudley has faced a shareholder revolt over a vast pay rise despite heavy losses and job cuts at the British oil major.

2010 Gulf spill rig supervisor trial continues

2016-02-18 22:45

Testimony continues in the trial of the supervisor accused of ignoring danger signals hours before the offshore rig exploded in April 2010.

Oil groups slash costs, but investors spared

2015-10-30 15:27

Oil titans are slashing costs and investments as a plunge in oil prices batters profits but there is still one area they dare not touch: payouts to investors.

US, states announce settlement with BP over gulf oil spill

2015-10-06 15:25

Justice Department announces final settlement with BP over 2010 oil spill in Gulf of Mexico

Beyond Volkswagen: 8 companies that have behaved badly

2015-09-28 07:16

Volkswagen's shocking admission that it rigged emissions tests in its vehicles is just the latest example of companies that have gotten into trouble.

Fuel shortage exclusive to Gauteng

2015-08-11 17:27

Petrol stations in Gauteng will continue to run dry while the rest of the country remains unaffected, the Fuel Retailers Association says.

BP settles 2010 US oil spill claims for $18.7bn

2015-07-02 18:30

BP has reached a $18.7bn settlement with the US government and five states, a landmark deal that ends years of litigation after the 2010 Gulf of Mexico spill.

Supreme Court rejects BP, Anadarko over Deepwater Horizon spill penalties

2015-06-29 22:15

The US Supreme Court has rejected bids by BP and Anadarko Petroleum to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill.


BP profit falls 80% as oil prices drop

2016-04-26 09:04

BP has reported a 80% decline in first-quarter earnings as crude oil prices continued to slide and a mild winter weighed on refining margins.

BP shareholders reject chief executive's $19.6m pay deal

2016-04-14 19:33

Shareholders in BP rejected a pay deal worth $19.6m for chief executive Bob Dudley in a symbolic vote amid heavy losses and job cuts at the oil giant.

Baby dolphin deaths linked to BP oil spill

2016-04-12 21:08

An unusually high number of baby dolphins were found dead in the Gulf of Mexico following the 2010 Deepwater Horizon disaster.

BP slumps into $6.5bn loss on oil collapse

2016-02-02 11:32

British energy giant BP has slumped into a vast loss in 2015, ravaged by the dramatic collapse in oil prices.

Climate qualms mean oil will never be used up - BP

2015-10-13 11:46

Concerns about the climate change impact of burning the world's remaining oil resources mean the reserves will never be fully exploited, Chief Economist Spencer Dale says.

BP completes $20.8bn oil spill agreement

2015-10-05 19:09

Oil company BP has completed a $20.8bn agreement with the US government and states on the Gulf of Mexico to settle claims over the 2010 oil spill.

BP to appeal US ruling over market manipulation

2015-08-14 16:00

BP is set to appeal against a decision by a US judge that it had manipulated gas market prices in 2008.

BP less likely to be acquired after $18.7bn settlement - CEO

2015-07-28 20:00

BP is less likely to be acquired following its $18.7bn settlement over the 2010 Macondo oil spill, chief executive officer Bob Dudley says.

BP takes $18.7bn hit over Gulf of Mexico spill

2015-07-02 17:12

British energy giant BP has agreed to settle US federal and state claims worth up to $18.7 bn over the 2010 Gulf of Mexico oil spill.

Oil tsars save Putin's top investor show

2015-06-15 13:10

Powerful oil executives will attend Russia's top investment show this week, set to help organisers shrug off a meagre turnout from other leading Western industrialists and bankers.

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