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.

BP's Gulf of Mexico disaster fund is scraping the barrel

Shares in BP tumbled nearly 4 per cent today after the FTSE 100 oil giant hiked its provision for compensation claims from the Gulf of Mexico oil spill by $1.4 billion (£913 million) to $9.6 billion — and warned the final cost could be “significantly higher” as it continues to receive new claims.

BP's stock holders wait for final bill on Gulf spill

BP shareholders will look for signs of whether the oil giant plans to increase the money set aside to cover the Gulf of Mexico disaster when it reports half-year figures on Tuesday.

Protesters complained that police are using bully boy tactics

Balcombe fracking protesters complain of 'bully boy' tactics

About 10 people were arrested during demo against proposed local oil and gas development

The ‘Deepwater Horizon’ explosion in the Gulf of Mexico killed 11 workers and injured 16 others

Gulf of Mexico oil spill: Halliburton pleads guilty to destroying evidence

The energy services firm agrees to pay fine and $55m donation to wildlife charity

Industry figures Lord Browne, Baroness Hogg, Sam Laidlaw, and Lord Howell all advise the government

Revealed: Fracking industry bosses at heart of coalition

Campaigners warn of potential conflicts of interest from energy-sector leaders advising on policy

Centrica eyes move for top BP executive

One of BP’s top executives has emerged as a surprise candidate to become the next chairman of British Gas owner Centrica.

Gulf oil spill lawyer is suspended for alleged BP scam

Allegations of misconduct have surfaced against a lawyer working for the administrator charged with assessing claims connected to BP’s Deepwater Horizon oil spill in the Gulf of Mexico.

Algeria siege: Widow wants answers about husband's death at BP plant

BP's response following a gas plant terror attack which left six Britons dead has been “inhumane to the extreme”, a widow of one of the victim's has claimed.

Investment View: Reputations are at stake, but Shell is a better bet than BP

If allegations are correct, an average of £2,000 can be added to our petrol bills over the last decade

The company has set aside $38bn to cover the bill for the Gulf of Mexico oil spill, which claimed 11 lives

Poll: Should Cameron help BP to cover costs of oil spill?

Energy giant BP has reached out to David Cameron for help with the escalating cost of compensating US companies for the disastrous oil spill in 2010.

The ‘Deepwater Horizon’ explosion in the Gulf of Mexico killed 11 workers and injured 16 others

BP warns over millions of dollars of 'fictitious' compensation claims for the 2010 Gulf of Mexico oil spill

Oil giant BP has warned that millions of dollars of "fictitious" compensation claims for the 2010 Gulf of Mexico oil spill are putting the company at risk.

Sudden exit, but a job well done at Shell for Peter Voser

Chief executive's departure surprises the City but he has left the oil giant in better shape

Rolls-Royce aerospace boss leaves after only four months

Mark King had been considered a “rising star” of company’s leadership team

BP starts to motor again as profits overtake the forecasts

BP chief executive Bob Dudley today offered some evidence that his turnaround of the beleaguered oil giant is heading the right way.

Investment Insider: BP has acted decisively to recover from oil spill

Before the Gulf of Mexico oil disaster three years ago, BP was a must-own share for UK investors. The company was not only one of the most generous dividend payers, it had been a spectacular growth share too. Consequently, many investors held BP shares either directly in their portfolios or indirectly (and perhaps unknowingly) through their pension funds.

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Independent Travel
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