News BP had originally projected that its settlement in the case would cost $7.8 billion but later boosted this to $9.2 billion

A panel of the 5th US Circuit Court of Appeals has affirmed a federal judge's approval of a multi-billion dollar settlement between BP Plc and businesses and individuals who lost money and property in the 2010 Gulf of Mexico oil spill.

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.

Ex-safety chief Castell to step down from board

Sir William Castell, the man who oversaw safety at BP in the run-up to the Gulf of Mexico oil spill, is leaving the company.

BP is told to cover Halliburton over oil spill costs

BP has suffered a further blow in its bid to share the billions of dollars of costs arising from the Gulf of Mexico oil spill.

Art collective Liberate Tate uses Arctic ice to protest at gallery's BP sponsorship

An art collective protesting against the Tate Modern's partnership with oil giant BP used a block of Arctic ice to express their grievances this weekend.

The News Matrix: Monday 9 January 2012

PM apologises over Tourette's comment

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).

BP sues cement firm Halliburton over spill costs

Oil giant BP has fired the latest shots in a legal battle over the Deepwater Horizon catastrophe, claiming contractor Halliburton should pay all of its billions of pounds of costs.

The 12 most-read 2011 articles in Environment

The environment section covers issues which raise debate such as those concerning climate change, green living and nature. Here we take a look at the most popular articles of the year followed by an insight from our environment editor as he chooses his favourite story.

Nigeria oil spill is 'worst in a decade'

An oil spill near the coast of Nigeria is likely to be the worst there in a decade, the government official said today, as slicks from the Royal Dutch Shell spill approached the southern shoreline.

BP on trial over 'broken promises' that led to second oil spill in Alaska

BP could be forced to pay higher penalties over the 2006 Prudhoe Bay oil spill, the worst onshore pipeline leak in Alaska's history, depending on the outcome of a trial under way in Anchorage.

BP's $7 bn stake sale collapses

Energy

BP faces challenge to Shetland drilling

BP's "public consultation" over its plan for a controversial deepwater oil well off the coast of Shetland, closed this month, has been reopened by Chris Huhne, for further comments.

BP faces fierce backlash from green groups over new oil well

Campaigners warn that wildlife at Shetland site would be at 'significant risk' from any spill

Exclusive: BP to risk worst ever oil spill in Shetlands drilling

Internal report warns of ecological disaster if new well bursts

Mock trial finds Tar Sands spill 'bosses' guilty of ecocide

The bosses of two of the world's biggest multi-national corporations were convicted by a jury of "ecocide" at the Supreme Court yesterday for destroying global ecosystems.

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