BP share-swap blocked by tribunal

BP's £10 billion share-swap with Russian government-owned Rosneft was dealt another blow today after a tribunal blocked the deal until further notice.

BP still battling to save its £10bn Rosneft deal

BP remained locked in confrontation with its Russian partners last night as the tribunal tasked with ruling on the oil giant's share-swap plans was forced into a second day.

BP back in business in Gulf of Mexico – a year after 'Deepwater Horizon'

BP has been given permission to restart deep drilling in the Gulf of Mexico, one year after the Deepwater Horizon explosion killed 11 workers and caused the worst oil spill in history. The group plants to drill 10 existing wells from this summer, following a deal with US regulators to continue work halted by a moratorium imposed after 200 million gallons of oil were leaked into the Gulf.

Lloyd's faces tough 2011 after Japan

Lloyd's of London warned yesterday that the market faced another hard year after a series of major disasters almost halved its profits in 2010 before this year's earthquakes in Japan and New Zealand.

BP's deal with Rosneft on the verge of collapse

BP's controversial $16bn share swap and arctic exploration deal with Russia's Rosneft was thrown into disarray last night, with an independent arbitration panel ruling it could not go ahead. The ruling dealt a potentially fatal blow to BP's most ambitious attempt to move beyond the crisis of its Gulf of Mexico oil spill last year.

Leading article: Oil exploration: not a price worth paying

Have the world's oil companies learned nothing from the Deepwater Horizon spill which poured 200 million gallons of crude oil into the Gulf of Mexico for three months last year? It seems not. The petroleum giant Shell has now applied to start exploration drilling just off Ningaloo Reef, one of Western Australia's most treasured marine-life nature reserves. It is famous for its whale sharks and one of the most bio-diverse coral reef systems in the planet's oceans.

BP bonuses for two directors despite US oil disaster

Two senior directors at BP will still be paid bonuses for 2010, despite the Deepwater Horizon explosion in April which killed 11 people and resulted in the worst oil spill in US history.

BP forges $7.2bn pact with India's Reliance

BP, the oil giant that was deeply wounded by the devastating Gulf of Mexico oil spill, has followed up on its recently announced foray into Russia's Arctic region by unveiling a $7.2bn deal to explore for deepwater oil and gas with India's Reliance Industries.

Leading article: Ecuador: finally, the polluter is commanded to pay

This ruling could be a sign that poorer countries are no longer prepared to be a dumping ground

BP's Hayward in talks with Abu Dhabi to lead new firm

Tony Hayward has held talks with Abu Dhabi's sovereign wealth fund about launching a new oil company, which could mark a remarkable turnaround for the former chief executive of BP.

Wild oysters in danger of extinction

Overfishing has claimed more than 85 per cent of the world's reefs, and the BP oil spill has taken its own toll

Shell profits soar to £11.5bn

The Anglo-Dutch firm outshone its troubled rival BP as it revealed a near-doubling in annual profits.

Leading article: Back in the saddle

Television resurrections are hit and miss. Doctor Who worked spectacularly well. But more often than not, remakes of beloved old TV series fail to hit the spot with viewers. Updates of The Bionic Woman, Knight Rider, 90210, and The Twilight Zone all flopped. So will it work for that great 1980s warhorse Dallas, which is being brought back to life by the US network TNT?

BP at the crossroads: Dudley sets future path

The energy giant is still in the hunt for the world's trickiest oil despite recording its first loss in decades
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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
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone
Amazon is buying Twitch for £600m - but why do people want to watch others playing Xbox?

What is the appeal of Twitch?

Amazon is buying the video-game-themed online streaming site for £600m - but why do people want to watch others playing Xbox?
Tip-tapping typewriters, ripe pongs and slides in the office: Bosses are inventing surprising ways of making us work harder

How bosses are making us work harder

As it is revealed that one newspaper office pumps out the sound of typewriters to increase productivity, Gillian Orr explores the other devices designed to motivate staff
Manufacturers are struggling to keep up with the resurgence in vinyl records

Hard pressed: Resurgence in vinyl records

As the resurgence in vinyl records continues, manufacturers and their outdated machinery are struggling to keep up with the demand
Tony Jordan: 'I turned down the chance to research Charles Dickens for a TV series nine times ... then I found a kindred spirit'

A tale of two writers

Offered the chance to research Charles Dickens for a TV series, Tony Jordan turned it down. Nine times. The man behind EastEnders and Life on Mars didn’t feel right for the job. Finally, he gave in - and found an unexpected kindred spirit
Could a later start to the school day be the most useful educational reform of all?

Should pupils get a lie in?

Doctors want a later start to the school day so that pupils can sleep later. Not because teenagers are lazy, explains Simon Usborne - it's all down to their circadian rhythms
Prepare for Jewish jokes – as Jewish comedians get their own festival

Prepare for Jewish jokes...

... as Jewish comedians get their own festival
SJ Watson: 'I still can't quite believe that Before I Go to Sleep started in my head'

A dream come true for SJ Watson

Watson was working part time in the NHS when his debut novel, Before I Go to Sleep, became a bestseller. Now it's a Hollywood movie, too. Here he recalls the whirlwind journey from children’s ward to A-list film set
10 best cycling bags for commuters

10 best cycling bags for commuters

Gear up for next week’s National Cycle to Work day with one of these practical backpacks and messenger bags
Paul Scholes: Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United

Paul Scholes column

Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United
Kate Bush, Hammersmith Apollo music review: A preamble, then a coup de théâtre - and suddenly the long wait felt worth it

Kate Bush shows a voice untroubled by time

A preamble, then a coup de théâtre - and suddenly the long wait felt worth it
Robot sheepdog technology could be used to save people from burning buildings

The science of herding is cracked

Mathematical model would allow robots to be programmed to control crowds and save people from burning buildings
Tyrant: Is the world ready for a Middle Eastern 'Dallas'?

This tyrant doesn’t rule

It’s billed as a Middle Eastern ‘Dallas’, so why does Fox’s new drama have a white British star?