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.

Norway attacks Shell for near spill

Norway's oil-safety watchdog criticised Shell yesterday for an oil-well incident it said had the potential for a major accident and could have caused a leak.

BP partner pays toward spill claims

BP today clawed back 1.1 billion US dollars (£677 million) from one of its partners on the Deepwater Horizon rig to cover claims related to the Gulf of Mexico oil disaster.

Leading article: The Arctic no place for oil companies

The collapse of BP's deal to explore the Arctic sea for oil is deeply humiliating for the giant oil corporation. It was only in January that BP, with a great fanfare, announced the deal with Rosneft, the Kremlin-backed Russian oil company. The tie-up was supposed to rebuild BP's reputation after the disaster of the Deepwater Horizon explosion in the Gulf of Mexico last year which has cost the company $41bn so far. That much-vaunted strategy is now in tatters.

Portfolio: Edward Burtynsky

Oil on troubled waters

The worst is yet to come from the mighty Mississippi

The flood is expected to crest next Thursday at Vicksburg, where the Mississippi and Yazoo rivers meet, at a level easily higher than in the Great Flood of 1927

BP fined $25m over Alaska oil spill

BP has agreed to pay a $25m (£15m) civil penalty plus interest to settle a federal investigation into a 2006 pipeline oil spill on Alaska's North Slope, according to court papers filed yesterday.

BP plans return to Gulf of Mexico as spill costs continue to hit profits

BP hopes to resume drilling in the Gulf of Mexico later this year it emerged yesterday, as the company revealed that last year's devastating spill continues to drag on profits.

Blizzard of lawsuits to fix blame over BP spill

The $40bn claim against Transocean corresponds to the $40.9bn in provisions that BP has made to cover the response costs and the compensation trust fund

Deepwater Horizon: This was no Armageddon

When BP's Deepwater Horizon exploded last April, the world feared the worst. But it has not come to pass, says David Usborne, and what's more, money is proving a more corrosive force than the oil

Investors receive a boost as payouts soar to £15bn

Payouts by UK companies soared to £15bn in the first three months of the year, rising by 10.3 per cent compared to the first quarter of 2010. It was the fastest quarterly growth rate since the third quarter of 2008.

BP's 'scapegoat' strikes it rich with Rothschild & Co

Year on from oil spill, ex-boss is in the money

BP fights on for Rosneft deal as TNK talks end

BP secured a last-minute extension to its $10bn (£6bn) tie-up with Rosneft yesterday, as the oil giant faced down environmental protesters and shareholder rebellion at its annual general meeting.

BP executives brace for a stormy meeting with shareholders

Scores of people plan to protest today at the oil firm's AGM

The men set to become billionaires. But who are they?

It has been called the biggest company you've never heard of, and this highly secretive business is about to make its partners some of the richest people on the planet.

Tribunal blocks BP plan for Rosneft share-swap

British oil giant to seek compromise deal with Russian partners
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All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
What happens to African migrants once they land in Italy during the summer?

What happens to migrants once they land in Italy?

Memphis Barker follows their trail through southern Europe
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

Frank Mugisha: 'Coming out was a gradual process '

Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

Florence Knight's perfect picnic

Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

Horst P Horst comes to the V&A

The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

Mark Hix's summery soups

Soup isn’t just about comforting broths and steaming hot bowls...
Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

Tim Sherwood column

I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
Eden Hazard: Young, gifted... not yet perfect

Eden Hazard: Young, gifted... not yet perfect

Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
Tim Howard: I’m an old dog. I don’t get too excited

Tim Howard: I’m an old dog. I don’t get too excited

The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

Tom Peck on Match of the Day at 50

The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition