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 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 executives may face jail for manslaughter over Gulf disaster

Managers of BP could face manslaughter charges when prosecutors in the United States finally conclude their criminal investigation into the Deepwater Horizon explosion in the Gulf of Mexico last April that killed 11 rig workers and triggered the worst oil spill in US history.

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.

A Day That Shook The World: Exxon Valdez oil spill

On 24 March 1989 an Exxon Valdez oil tanker struck reef of the coast of Alaska, spilling around 750,000 barrels of oil.

Johann Hari: Demanding cheaper oil is disastrous

The most popular cry in politics today is a pledge to deny reality and cut petrol prices. Give us our fix! Make it cheap! Make it now!

Patten: I won't be popular at the BBC

Lord Patten told MPs yesterday that if he was confirmed as the new chairman of the BBC he would expect to be unpopular – and predicted that "there will be all hell let loose" as the corporation is forced to cut spending on programming.

Shell oil exploration threatens one of the world's great wonders

Anglo-Dutch conglomerate applies for permit to drill just 30 miles off World Heritage-listed coral reef in Western Australia

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.

Oil spill link suspected as dead dolphins wash ashore

The discovery of more than 80 dead dolphins in the Gulf of Mexico is raising fresh concerns about the effect on sea life from last year's massive BP oil spill.

Oil spill compensation claims could soar over lawyer's links to BP

Judge's ruling could mean thousands will head straight to court

Shell profits soar to £11.5bn

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

BP hit by UK safety order and alleged US market fixing

BP was defending itself on multiple fronts yesterday after the UK health and safety watchdog ordered it to fix safety lapses on some North Sea rigs while American regulators mulled charges over alleged manipulations of the gas market.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee
World War Z author Max Brooks honours WW1's Harlem Hellfighters in new graphic novel

Max Brooks honours Harlem Hellfighters

The author talks about race, legacy and his Will Smith film option to Tim Walker
Why the league system no longer measures up

League system no longer measures up

Jon Coles, former head of standards at the Department of Education, used to be in charge of school performance rankings. He explains how he would reform the system
Valentine's Day cards: 5 best online card shops

Don't leave it to the petrol station: The best online card shops for Valentine's Day

Can't find a card you like on the high street? Try one of these sites for individual, personalised options, whatever your taste
Diego Costa: Devil in blue who upsets defences is a reminder of what Liverpool have lost

Devil in blue Costa is a reminder of what Liverpool have lost

The Reds are desperately missing Luis Suarez, says Ian Herbert