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.

An influential cross-party group of MPs has challenged David Cameron to return to the Arctic, accusing his government of being dangerously complacent about oil exploration in the region.

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

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

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.

Sir John Bond was today ejected as chairman of FTSE 100 mining giant Glencore Xstrata, only minutes before he was due to run its first annual meeting following the $67 billion (£44 billion) merger.

Halliburton is in talks to settle private claims against it in a trial to decide how to allocate blame for the 2010 Gulf of Mexico spill, the US oilfield services giant said yesterday as it took a $1bn (£656m) pre-tax charge for a possible deal.

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.

In a show of exuberant generosity and breadth, images of natural beauty and brutal destruction jostle with Flickr fun

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

The scale of BP's potential legal bill for the Gulf of Mexico oil spill has soared after the company disclosed $34bn (£22bn) of new claims by four southern US states.

A Dutch court has found a subsidiary of Royal Dutch Shell partly responsible for a case of oil pollution in the Niger Delta - a ruling hailed as a small but important step in holding multinational oil companies to account for environmental damage.

It was a case of Divine inspiration for James Long's autumn/winter collection, quite literally as the drag performer's portrait graced an intarsia knit jumper - hand crafted by Long's own mother.

Can any physicist readers work out what's going on here? SWAMP, an artistic duo, have created an installation called 'Supermajor' - video above - in which oil is clearly pouring out of a vintage can, puddling onto a table below, but looks like it's in fact climbing up from the puddle back into the can. We're completely stumped...