News BP had originally projected that its settlement in the case would cost $7.8 billion but later boosted this to $9.2 billion

A panel of the 5th US Circuit Court of Appeals has affirmed a federal judge's approval of a multi-billion dollar settlement between BP Plc and businesses and individuals who lost money and property in the 2010 Gulf of Mexico oil spill.

Oil spill costs BP $6bn so far

Oil giant BP today said the Gulf of Mexico disaster had cost it 9.5 billion US dollars (£6.1 billion) so far as it confirmed the leaking well had been stopped for good.

Gulf disaster well 'is effectively dead'

A cement plug has permanently killed BP's runaway well nearly 2.5 miles below the sea floor in the Gulf of Mexico, five agonising months after an explosion sank a drilling rig and led to the worst offshore oil spill in US history.

Blown-out BP oil well finally sealed

A cement plug has permanently killed BP's runaway well nearly 2.5 miles below the sea floor in the Gulf of Mexico - five months after an explosion sank a drilling rig and led to the worst offshore oil spill in US history.

BP dropped from ethical benchmark

BP was kicked out of the ethical "FTSE4Good" index yesterday because of its role in the Gulf of Mexico oil spill. The index is used by many fund managers operating "ethical" investment funds to screen companies before making investments.

Gulf spill well 'no longer a threat'

The ruptured well which pumped almost five million barrels of oil into the Gulf of Mexico has been secured and no longer constitutes a threat, it has been confirmed.

Gulf oil disaster costs BP £5.2 billion

Oil giant BP said today that the cost of tackling the Gulf of Mexico disaster had risen to £5.2 billion so far.

BP pays £3bn into escrow fund as spill claims add up

BP yesterday paid the first $3bn installment into its $20bn escrow fund, which was set up two months ago to meet liabilities stemming from the Gulf of Mexico oil leak.

Royal Dutch Shell boosts profits by a third

Anglo-Dutch oil giant Royal Dutch Shell put beleaguered rival BP in the shade today with a 34% hike in second-quarter profits to 4.2 billion US dollars (£2.7 billion).

Record losses reveal cost of disaster and prompt $10bn sell-off

BP reported one of the worst-ever losses in British corporate history yesterday after estimating the total cost of the Gulf of Mexico oil spill at $32bn (£21bn).

Greenpeace close BP petrol stations

BP petrol stations were shut down by activists today in a bid to urge the oil company to adopt greener energy policies.

BP board to decide on Hayward

The future of Tony Hayward, BP's chief executive, hangs in the balance this weekend as the BP board meets tomorrow to decide whether the beleaguered boss should quit over his role in the Gulf of Mexico oil spill.

Anadarko looks at onshore oil

Anadarko Petroleum, the Texan partner in BP's Deepwater Horizon oil well which exploded in April, is eyeing a 75 per cent stake in the onshore Jolly Ranch scheme in Colorado.

No signs – yet – of leaks from BP's oil cap

BP was encouraged yesterday as the final hours ticked away on a two-day trial run of a cap on its Gulf of Mexico well. A spokesman said there were no signs of new leaks and oil was being kept out of the water.

Obama cautious on BP's oil leak breakthrough

President Barack Obama today said BP's breakthrough in temporarily stopping the flow of oil into the Gulf of Mexico was "good news", but warned there was still lots to do.

News
Bryan had a bracelet given to him by his late father stolen during the raid
people
Sport
Vincenzo Nibali of Italy and the Astana Pro Team races to fourth place in the individual time trial
tour de franceas fourth place in time-trial sees him ride to Paris glory on Sunday
Sport
Tour de France competitor Bartosz Huzarski’s legs have highlighted the gruelling nature of the race, after he posted a picture on Facebook showing extremely prominent veins stretching from his feet and all the way up his legs
News
A rub on the tummy sprang Casey back to life
video
Arts and Entertainment
On set of the Secret Cinema's Back to the Future event
filmBut why were Back to the Future screenings cancelled?
News
Susan Sarandon described David Bowie as
peopleSusan Sarandon reveals more on her David Bowie romance
Sport
Lewis Hamilton walks back to the pit lane with his Mercedes burning in the background
Formula 1
Arts and Entertainment
The new characters were announced yesterday at San Diego Comic Con
comic-con 2014
Sport
Arsenal supporters gather for a recent ‘fan party’ in New Jersey
football
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Evan Davis: The BBC’s wolf in sheep’s clothing to take over at Newsnight

The BBC’s wolf in sheep’s clothing

What will Evan Davis be like on Newsnight?
Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Inside a church for Born Again Christians: Speaking to God in a Manchester multiplex

Inside a church for Born Again Christians

As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
Rihanna, Kim Kardashian and me: How Olivier Rousteing is revitalising the house of Balmain

Olivier Rousteing is revitalising the house of Balmain

Parisian couturier Pierre Balmain made his name dressing the mid-century jet set. Today, Olivier Rousteing – heir to the house Pierre built – is celebrating their 21st-century equivalents. The result? Nothing short of Balmania
Cancer, cardiac arrest, HIV and homelessness - and he's only 39

Incredible survival story of David Tovey

Tovey went from cooking for the Queen to rifling through bins for his supper. His is a startling story of endurance against the odds – and of a social safety net failing at every turn
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride