London Olympics cannot act as a 'global policeman'

The London Olympics cannot act as a “global policeman” checking on everything done by all the major companies who are its partners and sponsors, according to a senior official of LOCOG, the games organising committee.

High price of fuel sees BP's profits tumble as travellers curb trips

Oil and gas production declined as BP sold off oilfields and assets to pay for the Gulf oil spill

Eventful meeting for BP bosses

BP's top bosses contended with screaming environmental protesters, a backlash on executive pay and more anger over the company's record in the Gulf of Mexico at an eventful annual meeting today.

Barsky back with a £4.6m stake in Matra

Maxim Barsky, the executive best known for quitting BP's Russian joint venture after missing out on the top job, is making a comeback with a £4.6m investment in the Russia-focused company Matra Petroleum.

Market Report: North Sea platform's gas leak hits energy giants

It is no surprise that a leaking rig in the middle of the sea prompts minds in the Square Mile back towards the Gulf of Mexico tragedy. As Total's Elgin platform continued to pump out gas, investors were pulling out of the blue-chip energy giants with BG – which holds a 14.1 per cent interest in the North Sea project – the worst hit.

BP sells gas assets for $1.2bn to help pay for spill

BP is selling its interests in the Hugoton natural gas field in Kansas and its associated processing plant to America's Linn Energy for $1.2bn (£757m) in cash.

BP and plaintiffs extend talks on compensation

Hopes were raised for a multi-billion dollar settlement of claims over the Deepwater Horizon oil spill last night, as BP won a delay to a trial that had been due to start in New Orleans today.

The Business Week In Review: Bob Dudley, Ian Burke, Carsten Kengeter and Tom Albanese

In profit...

It's not quite like the glory, pre-Gulf of Mexico disaster days, but pension funds were cheered when BP raised its dividend 14 per cent to 8 cents on Tuesday.

Pension funds celebrate as BP raises its dividend

BP brought cheer to Britain's pension funds yesterday as the oil giant hiked its quarterly dividend by 14 per cent.

James Moore: There's still a big oil spill on BP's road to recovery

Outlook BP is back on the right path, at least in the view of American chief executive Bob Dudley, who had the City gushing over his figures like he hopes the 12 new exploration wells BP will dig this year will be gushing with oil.

Pension funds celebrate as BP ups its dividend

BP brought cheer to Britain's pension funds yesterday as the oil giant hiked its quarterly dividend by 14 per cent.

BP aims to improve City relations with 14 per cent dividend rise

BP's chief executive, Bob Dudley, is expected to increase the oil giant's dividend for the first time since it was reinstated for the end of 2010 after a six-month suspension.

Cove Energy's top trio in line for windfalls in £650m sale

A trio of senior executives are in line for a combined windfall worth tens of millions of dollars after their East Africa-focused oil and gas exploration company, Cove Energy, was put on the block with an estimated sales tag of $1bn (£645m).

Last Night's Viewing: Earthflight, BBC1<br />Coronation Street, ITV1

Given the hysterical simple-mindedness that has recently surrounded some aspects of BBC Natural History filming, you half wonder whether the opening promise of Earthflight – that we would be given a "bird's-eye view" of the natural world – needed to be accompanied by an on-screen disclaimer. "Note: Not actually recorded using a real bird's eye. Microlights used in the filming of this series. Engine noise has been removed from some footage and replaced with the sound of rushing wind and flapping wings. Feather noises may derive from a species not shown on screen." That said, the question of exactly how they did capture these images will be a live one even for viewers not intent on BBC-baiting, because they are remarkable. The camera appears to fly alongside a snow goose, peering up into its wingpit as it languidly beats its way northwards. Or it perches on a bald eagle's ruffed shoulder as the bird itself swoops over the rim of the Grand Canyon, whistling within inches of a pine tree's tip. Or watches brown pelicans as they turn themselves from broken umbrellas into neatly furled ones, spearing into the water to catch fish. Apparently, episode six will reveal all, but in the meantime we'll just have to marvel at what they've managed to achieve.

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