The federal trial over the 2010 spill has resumed

BP ‘lied’ over true extent of its Gulf oil disaster

Second phase of trial opens with claims of negligence and lack of preparation

It all went swimmingly… as Diana Nyad completes Cuba-Florida swim

On her fifth attempt and aged 62, the American endurance swimmer Diana Nyad yesterday finally achieved her nearly life-long quest of becoming the first person to swim 103 miles from Cuba to the United States without the protection of a shark cage.

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.

Shareholder rebellion claims five scalps at Glencore

Tony Hayward steps into chairman role at resource giant's annual meeting

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.

BP shareholders get $8bn of profits from sale of Russian stake

Shares in BP leapt today after the FTSE 100 oil giant unveiled plans to return $8bn (£5.3bn) to investors, a day after completing the sale of its troubled TNK-BP Russian joint venture.

First witness testifies in BP oil spill trial

BP failed to apply its own safety and risk management system to the Deepwater Horizon oil rig, which exploded in the Gulf of Mexico, in what was a "tragic" and "egregious" oversight, the first witness in a long-awaited civil trial over the 2010 oil spill said.

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

Money mattered more to BP than the people who died, Deepwater Horizon spill trial told

As oil company finally comes to trial over rig disaster, $16bn settlement talks are intensifying

A photo from one of the passengers shows mattresses being placed at the elevators area on one of the floors of the ship

'Fun Ship' that wasn't: passengers kiss ground as they escape cruiser

Angry holidaymakers describe 'sauna of sewage' as they finally get off crippled US liner

Mark Leftly: Shell finds itself in deep water again in the US

Outlook So, the US interior department has launched an urgent review of Arctic offshore drilling operations after the grounding of Shell's Kulluk oil rig off the coast of Alaska last week. Presumably the first thing they will acknowledge is that this was effectively a shipping rather than a drilling accident, though political momentum is against the oil giant.

Creole Belle, By James Lee Burke

Like his tough protagonist, Dave Robicheaux, James Lee Burke is a man of passionate temper. His contemptuous anger over the lacklustre response of George W Bush to the devastation of Burke’s beloved New Orleans by Hurricane Katrina was incorporated into his writing. That rage is back again.

BP agrees to pay out $4.5bn settlement for Gulf oil spill

BP has agreed to cough up $4.5bn (£2.8bn) in penalties and plead guilty to no less than 14 counts of criminal misconduct in the Deepwater Horizon oil spill. Last night it was also reported that two BP workers have been indicted on manslaughter charges and an ex-manager charged with misleading Congress.

Oil is burned off the surface of the water near the source of the Deepwater Horizon spill in the Gulf of Mexico off the coast of Louisiana, in 2010

BP to pay $4.5bn fine for Gulf of Mexico oil spill

BP has agreed to pay $4.5 billion in penalties and plead guilty to 14 counts of criminal misconduct over the Deepwater Horizon oil spill in the Gulf of Mexico two years ago.

Is methane hydrate the answer to the energy crisis?

A half mile below ground near Anchorage, Alaska the U.S Department of Energy have tapped a reservoir of methane hydrate. It looks like ice, but burns like coal.

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