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.

Cape wins £100m BP contract

2015-05-01 12:26

British energy services firm Cape has secured a two-year contract from BP worth £100m.

UK govt will oppose BP takeover - reports

2015-04-27 15:45

The British government has warned oil giant BP that it would oppose a foreign takeover of the company, according to media reports.

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.


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.

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

2015-05-13 11:06

Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the largest US offshore oil spill five years ago off the coast of Louisiana.

BP profit slides 26% in first quarter

2015-04-28 09:30

British energy giant BP has announced sliding net profit on plunging oil prices and compared with the first three months of 2014.

5 years after BP spill, drillers push into riskier depths

2015-04-20 09:26

Five years after the worst US offshore oil spill, the industry is working on drilling even further into the risky depths beneath the Gulf of Mexico to tap massive deposits once thought unreachable.

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.

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