ARTICLES RELATING TO BP

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.

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.

 

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.

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.

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