David Prosser: Would anyone be allowed to buy BP?

Outlook Not a bad start to the year for BP investors, who saw the oil giant's shares put on almost 6 per cent yesterday thanks to rumours that Shell has been sizing it up.

The Year in Review: The BP oil spill

Still in deep, deep water

Digital Digest: 20/12/2010

The Best Of The Web

Smoking kills: Spill blamed on cigarette break

Deepwater Horizon safety official admits he missed warning signs before explosion.

Amexica: War Along The Borderline, By Ed Vulliamy

Horrors unfold in this book like a revenger's tragedy, as lines in the Mexican gangster's codebook are constantly crossed. It becomes acceptable to target the spouses and children of a murdered rival in the drugs trade. Then the guests who attend the funeral; then the police investigating the case; then their families in turn. The ripples of violence spread out inexorably. Bodies are left hanging from traffic bridges for dawn commuters to see, often with a warning message displayed beside them. Those are the bodies that have not been dissolved in the acid baths.

US to keep Florida drilling ban, says official

The Obama administration will maintain a long-standing oil drilling ban in the Gulf of Mexico off Florida after considering loosening it before the BP spill, a senior administration official told The Associated Press today.

Review of North Sea safety expected

A radical shake-up of the UK's North Sea oil industry is expected next year.

Bosses fear 'oil crunch' within a decade

Delays to deep water oil production in the wake of the devastating Gulf of Mexico spill could reduce global capacity by one million barrels of oil per day, inflating fuel prices and hitting the economy, British company bosses will warn today.

BP to begin drilling for oil in Libyan desert

Troubled oil giant BP is expected to start drilling for oil in Ghadames basin in the Sahara desert next month, a milestone in its controversial deal with Libya.

Greenpeace move to stop new drilling

Greenpeace has launched legal action to try to halt deepwater oil drilling off the UK.

BP finally out of the red after blackest period in its history

Shareholders may be about to see some dividend after oil giant returns to profit

BP back in profit despite cost of oil spill

Oil giant BP announced a return to profit today despite a further hit of 7.7 billion US dollars (£4.8 billion) from the Gulf of Mexico disaster.

City awaits fate of BP dividend

All City eyes will be on BP next week as investors look for news on whether the beleaguered oil giant will restore its dividend payment.

Leading article: Black marks all round

The disgraceful episode that was the BP oil disaster in the Gulf of Mexico has become even more so with the news that officials from both Halliburton and BP had been told beforehand that the cement to be used to seal the bottom of the well – and thus prevent such an explosion from occurring – was unstable.

Halliburton linked to BP oil spill

Halliburton, a major contractor on BP's doomed Deepwater Horizon oil rig, where a fatal explosion led to the worst-ever offshore oil spill, knew that cement used in the project was unstable but went ahead anyway, a US presidential commission on the disaster has found. The report strengthened BP's case that it shares blame for the Gulf of Mexico disaster with its business partners, and shares in Halliburton fell 16 per cent after the findings.

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