Latest BP court fight over Macondo compensation brought forward by US courts
An appeal over the $9.6billion damages bill BP faces from the 2010 Gulf of Mexico disaster has been brought forward to early November.
BP-News
BP loses latest leg of Macondo compensation battle
BP has lost its latest bid to suspend compensation payments over the 2010 Gulf of Mexico oil spill - after a judge said they had no 'credible evidence of fraud'.
ITB lands BP deal
An Aberdeen training and consultancy firm has won half a million pounds of work with oil major BP.
BP to sue US government over post-Macondo contracts block
Oil giant BP announced last night that it is suing the US Government for blocking it from getting new contracts following the 2010 Gulf of Mexico disaster.
Gallery: BP installs jackets for new Clair Ridge project
BP has taken a substantial step towards the launch of the second phase of its massive Clair Ridge project off Shetland after installing the platform jackets.
Judge orders BP to pay £84million expenses to Macondo compensation administrator
BP must pay more than $130million (£84 million) in fees to the administrator of its multibillion-pound settlement with US Gulf Coast businesses and residents after the company’s 2010 oil spill.
BP makes new fraud claims over Macondo payouts
Oil giant BP says it has found new evidence of fraud and conflicts of interest over compensation payouts in the wake of the Deepwater Horizon disaster.
BP under $28million fine threat for gas operations
British Petroleum faces being fined more than £18million for alleged gas market manipulation by US federal energy regulators.
North Sea critical to Maersk’s 400,000bpd high-bar target
Seven years from now, Maersk Oil hopes to have broken through the 400,000 barrels oil equivalent per day barrier compared with current output of something over 200,000 bpd.
AGR lands BP extension in Azerbaijan
Norwegian drilling firm AGR has signed a two-year deal with BP to continue providing services for the oil giant in Azerbaijan.
Wood Group Kenny lands $18m BP Angola contracts
Wood Group Kenny has secured an $18million contract to provide engineering services for BP's operations in Angola.
Profits fall at BP as oil giant increases Deepwater Horizon compensation fund by £913million
BP warned today it is digging in for a long legal battle after revealing the fund set aside to deal with compensation claims over the 2010 Gulf of Mexico disaster now has less than £200million remaining.
Judge rejects BP bid to suspend Macondo compensation payments
A US judge has rejected BP's bid to have compensation payments relating to the 2010 Gulf of Mexico oil spill temporarily stopped.
Video: Macondo compensation process has been hijacked, says BP boss
The head of BP claims the compensation process for victims of the Gulf of Mexico oil spill has been 'hijacked' by administrators.
BP launches bid to halt Deepwater Horizon payouts during Freeh investigation
BP has asked a judge to halt all settlement payments over the Deepwater Horizon disaster while an independent investigation of the claims administrator's office is carried out.
BP launches fraud hotline in latest twist to Deepwater Horizon compensation battle
The oil giant, which is awaiting a court ruling on whether it has been paying out too much in compensation after the 2010 disaster, says it could offer a reward to people who phone in with tip-offs about fraudulent claims.
BP signs third production sharing deal in South China Sea with CNOOC
BP has signed a production sharing agreement for Block 54/11 in the deepwater Pearl River Mouth Basin with China National Offshore Oil Corporation (CNOOC).
BP to farm into five Petrobras blocks
BP is to expand its interests in Brazil after agreeing to farm into five of Petrobras' deepwater licences.
Anger as former BP boss Tony Hayward gets honorary degree for services to oil industry
The man responsible for one of the biggest oil spills in history has been awarded an honorary degree by a north-east university – for his contribution to the industry.
Amec and Hunting shares among risers, BP falls
The FTSE 100 made steady gains today as global markets resumed their rally after minutes of the US Federal Reserve's most recent meeting eased fears of an imminent tapering of monetary stimulus.
BP returns to court over Macondo compensation claims
Oil giant BP has gone back to court to fight “fictitious and inflated” compensation claims for the 2010 Gulf of Mexico disaster which it warns threaten its future.
Arcadis land crisis planning agreement with BP
Engineering consultancy firm Arcadis has agreed a £24million deal to provide framework for BP - including crisis planning for future oil spills.
BP starts up revamped 250kbpd unit in Indiana
Oil giant BP has opened its new 250,000 barrels-per-day crude distillation unit at the Whiting Refinery in Indiana in a bid to generate $1billion of operating cash flow per year.
Montara restart to rack up 30,000bpd by end of year
Thai energy company PTTEP has started production from the Montara field offshore Western Australia in the Timor Sea where, in 2009, the West Atlas jack-up rig owned by SeaDrill was badly damaged by fire. It was later retrieved and towed to Singapore.
BP ramps up campaign ahead of Deepwater Horizon compensation appeal
Oil giant BP has taken out adverts in leading US newspapers calling for a change in compensation payments in the wake of the Deepwater Horizon disaster.