BP shares extend losses after oil spill ruling

2014-09-05 12:30

Shares in BP have extended losses, impacted by a US judge's decision that the oil major was "grossly negligent" over a 2010 Gulf of Mexico oil spill.

BP accused of greed, lax safety

2013-02-26 08:03

The US government has accused BP of letting greed triumph over safety in the opening arguments of a multi-billion dollar trial over the 2010 Gulf of Mexico oil spill.

Billion dollar BP oil spill trial opens

2013-02-25 07:33

Billions of dollars will be at stake at the opening of a complex trial to determine how much BP should pay for the devastating 2010 Gulf of Mexico oil spill.

BP boosted by oil spill settlement

2012-03-05 11:09

Oil giant BP has reached a settlement on the Gulf of Mexico oil spill worth an estimated $7.8bn, pushing its share price up.

BP recovers $4bn in oil spill costs

2011-10-17 09:29

British energy giant BP says it has recovered $4bn in costs linked to last year's devastating Gulf of Mexico oil spill from US group Anadarko Petroleum Company.

BP and partner 'ignored' cement flaws

2010-10-29 06:38

BP Plc and Halliburton Co, the contractor who cemented the blown-out Macondo well, ignored cement design flaws weeks before the oil spill, says a White House panel.

Oil spills blight Nigeria's creeks

2010-07-02 14:59

The waters around the Niger Delta swamps of Bodo are covered in a thick film of oil that has left the once lush mangroves looking like burnt twigs covered in grease.

Fitch slashes BP's credit rating

2010-06-15 14:24

International ratings agency Fitch has slashed BP's credit rating by six notches from "AA" to "BBB", citing the impact of the Gulf of Mexico oil spill disaster.

575 tons of fuel off ship

2009-09-23 19:06

Salvage workers have removed 575 tons of fuel from the ship that ran aground in Cape Town early in September, the SA Maritime Safety Authority.


Shell to stop drilling in Alaska this year

2014-01-31 12:01

Shell, Europe's largest oil company, will stop drilling for oil in Alaska this year as it cuts back on investments and tries to reverse a steep drop in earnings.

BP comes under fire in oil spill trial

2013-02-25 19:57

The blockbuster BP oil spill trial opened with a scathing attack on the poor safety standards which led to the worst environmental disaster in US history.

Shell shuts oil station in Nigeria

2012-08-16 17:45

Shell has said it had shut down an oil processing facility in Nigeria over a pump failure, but denied reports that a significant amount of oil had spilled in the area.

Chevron faces Brazil oil spill charge

2012-03-22 10:39

Federal prosecutors in Rio de Janeiro have accused US oil giant Chevron and 17 executives of "environmental crime" in connection with a major spill in 2011.

BP says output fall has bottomed out

2011-10-25 09:53

Oil giant BP says it has turned the corner on its recovery from last year's Gulf of Mexico oil spill.

BP sues over US oil spill

2011-04-21 06:50

British energy group BP says it is suing Deepwater Horizon oil rig owner Transocean and parts manufacturer Cameron International over last year's Gulf of Mexico oil spill.

Chevron ordered to cough up for oil spill

2011-02-15 10:51

A court in Ecuador has ordered oil giant Chevron to pay billions for allegedly causing environmental damage in the country between 1964 and 1990.

BP confident oil leak plugged

2010-08-06 12:47

BP is confident that there is no chance of more oil leaking into the environment after the runaway well was plugged.

Spill site safe from storm

2010-06-26 19:50

Tropical Storm Alex does not currently threaten oil siphoning efforts at BP's s blown-out Macondo well, a top US oil spill official has confirmed.

BP shares plunge after 'top kill' fails

2010-06-01 12:05

BP shares have slumped more than 15% after the British energy giant's disclosure that its latest attempt to fix the US oil spill disaster had failed.

Seli 1: Threat of spill over

2009-09-20 23:01

The threat of "significant" spillage from a bulk carrier stranded off Cape Town has passed, as most of its fuel has been removed.

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