BP announces more spending cuts and asset sales BP today announced further spending cuts and asset sales in the coming years to tackle an extended period of low oil prices after third-quarter profits slumped. Business • 27 Oct 15
BP announces more spending cuts and asset sales BP today announced further spending cuts and asset sales in the coming years to tackle an extended period of low oil prices after third-quarter profits slumped. Business • 27 Oct 15
BP to pay record $20.8bn settlement over oil spill British energy giant BP will pay a record $20.8bn to settle civil claims for damages stemming from the deadly 2010 Gulf of Mexico oil spill, US Attorney General General Loretta Lynch has said. Business • 05 Oct 15
BP to pay record $20.8bn settlement over oil spill British energy giant BP will pay a record $20.8bn to settle civil claims for damages stemming from the deadly 2010 Gulf of Mexico oil spill, US Attorney General General Loretta Lynch has said. Business • 05 Oct 15
BP sees profit slump on oil spill charge BP's second-quarter profit slumped by nearly two thirds from a year ago as it grappled with lower crude prices and took a huge $10.8 billion charge related to the 2010 Gulf of Mexico oil spill. Business • 28 Jul 15
BP sees profit slump on oil spill charge BP's second-quarter profit slumped by nearly two thirds from a year ago as it grappled with lower crude prices and took a huge $10.8 billion charge related to the 2010 Gulf of Mexico oil spill. Business • 28 Jul 15
BP settles US oil spill claims for $18.7 billion BP has reached a $18.7 billion settlement with the US government and five states, a landmark deal that ends years of litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico spill. Business • 02 Jul 15
BP settles US oil spill claims for $18.7 billion BP has reached a $18.7 billion settlement with the US government and five states, a landmark deal that ends years of litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico spill. Business • 02 Jul 15
BP's profit slides 26% in first quarter BP today reported higher than expected profit thanks to a big increase in refining revenues that offset poor earnings from its oil production division. Business • 28 Apr 15
BP's profit slides 26% in first quarter BP today reported higher than expected profit thanks to a big increase in refining revenues that offset poor earnings from its oil production division. Business • 28 Apr 15
BP bid to reduce $13.7bn oil spill fine rejected A US judge has rejected BP’s attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7bn under the federal Clean Water Act. Business • 20 Feb 15
BP bid to reduce $13.7bn oil spill fine rejected A US judge has rejected BP’s attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7bn under the federal Clean Water Act. Business • 20 Feb 15
BP cuts investment as sliding oil hits profit BP today became the latest energy giant to say it would slash investment this year as tumbling oil prices cut into the group's profits. Business • 03 Feb 15
BP cuts investment as sliding oil hits profit BP today became the latest energy giant to say it would slash investment this year as tumbling oil prices cut into the group's profits. Business • 03 Feb 15
Energy giant BP says to cut 300 North Sea jobs Energy giant BP said it was shedding 200 staff jobs and 100 contractors in its North Sea operations today following a sharp drop in oil prices. Business • 15 Jan 15
Energy giant BP says to cut 300 North Sea jobs Energy giant BP said it was shedding 200 staff jobs and 100 contractors in its North Sea operations today following a sharp drop in oil prices. Business • 15 Jan 15
BP investigated reported link to forex scandal Oil giant BP faces being drawn into the foreign exchange rigging scandal after it emerged that it has been investigating whether its traders were linked to the manipulation of the £3 trillion-a-day market. Business • 31 Dec 14
BP investigated reported link to forex scandal Oil giant BP faces being drawn into the foreign exchange rigging scandal after it emerged that it has been investigating whether its traders were linked to the manipulation of the £3 trillion-a-day market. Business • 31 Dec 14
BP to spend $1 billion on restructuring BP will cut hundreds of jobs cut across its global oil and gas business by the end of next year in a $1 billion restructuring programme amid steep falls in oil prices. Business • 10 Dec 14
BP to spend $1 billion on restructuring BP will cut hundreds of jobs cut across its global oil and gas business by the end of next year in a $1 billion restructuring programme amid steep falls in oil prices. Business • 10 Dec 14
BP announces 63% slump in net quarterly profits Profits at BP slumped in the third quarter, the British energy giant said today against a backdrop of sliding crude oil prices. Business • 28 Oct 14
BP announces 63% slump in net quarterly profits Profits at BP slumped in the third quarter, the British energy giant said today against a backdrop of sliding crude oil prices. Business • 28 Oct 14
BP may face more fines for Gulf of Mexico spill BP was "grossly negligent" for its role in the oil spill in the Gulf of Mexico four years ago, a US district judge has said. Business • 04 Sep 14
BP may face more fines for Gulf of Mexico spill BP was "grossly negligent" for its role in the oil spill in the Gulf of Mexico four years ago, a US district judge has said. Business • 04 Sep 14
Halliburton pays $1.1 billion for Gulf oil spill Oil services company Halliburton has said it would pay a $1.1bn settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States' most disastrous oil spill. Business • 02 Sep 14
Halliburton pays $1.1 billion for Gulf oil spill Oil services company Halliburton has said it would pay a $1.1bn settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States' most disastrous oil spill. Business • 02 Sep 14
BP sees net profit surge 65% in Q2 BP has said that net profits surged 65% in the second quarter, boosted by high oil prices, but warned that more economic sanctions against Russia could hit performance. Business • 29 Jul 14
BP sees net profit surge 65% in Q2 BP has said that net profits surged 65% in the second quarter, boosted by high oil prices, but warned that more economic sanctions against Russia could hit performance. Business • 29 Jul 14
BP, Budweiser join sponsors' revolt over Qatar BP and the maker of Budweiser beer have today joined the ranks of World Cup sponsors pressing soccer's rulers to tackle corruption allegations over the awarding of the 2022 tournament to Qatar. Business • 09 Jun 14
BP, Budweiser join sponsors' revolt over Qatar BP and the maker of Budweiser beer have today joined the ranks of World Cup sponsors pressing soccer's rulers to tackle corruption allegations over the awarding of the 2022 tournament to Qatar. Business • 09 Jun 14
BP's profits plunge in first quarter Profits at British energy giant BP plunged in the first quarter compared with one year earlier when the group sold its stake in a Russian joint venture, according to the company. Business • 29 Apr 14
BP's profits plunge in first quarter Profits at British energy giant BP plunged in the first quarter compared with one year earlier when the group sold its stake in a Russian joint venture, according to the company. Business • 29 Apr 14
BP's Q4 profits hit by refining weakness Oil giant BP today reported weaker quarterly profits after its refining business swung to a loss. Business • 04 Feb 14
BP's Q4 profits hit by refining weakness Oil giant BP today reported weaker quarterly profits after its refining business swung to a loss. Business • 04 Feb 14
BP to raise dividend as profits beat forecasts BP kicked off the quarterly results season for top global oil firms with some good news for the sector's beleaguered investors. Business • 29 Oct 13
BP to raise dividend as profits beat forecasts BP kicked off the quarterly results season for top global oil firms with some good news for the sector's beleaguered investors. Business • 29 Oct 13
BP wins legal reprieve on Gulf of Mexico claims BP has won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims. Business • 03 Oct 13
BP wins legal reprieve on Gulf of Mexico claims BP has won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims. Business • 03 Oct 13
BP sets aside more oil payout cash BP has set aside an extra $1.4 billion in compensation for the Deepwater Horizon disaster. Business • 30 Jul 13
BP sets aside more oil payout cash BP has set aside an extra $1.4 billion in compensation for the Deepwater Horizon disaster. Business • 30 Jul 13
US oil spill firm admits destroying evidence A leading US engineering company has agreed to plead guilty to destroying evidence connected to the 2010 Gulf oil spill, according to the US Department of Justice. News • 26 Jul 13
US oil spill firm admits destroying evidence A leading US engineering company has agreed to plead guilty to destroying evidence connected to the 2010 Gulf oil spill, according to the US Department of Justice. News • 26 Jul 13
BP suffers setback in oil spill payouts case A US federal judge denied BP's attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator looks into possible misconduct in the payout process. Business • 19 Jul 13
BP suffers setback in oil spill payouts case A US federal judge denied BP's attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator looks into possible misconduct in the payout process. Business • 19 Jul 13
Uncertainty putting BP off EU biofuels investment BP is directing investment in advanced biofuels to the US and South America due to uncertainty about the EU's future regulatory environment, a senior executive has said. Business • 21 Jun 13
Uncertainty putting BP off EU biofuels investment BP is directing investment in advanced biofuels to the US and South America due to uncertainty about the EU's future regulatory environment, a senior executive has said. Business • 21 Jun 13
BP warns over spurious spill claims BP has warned that millions of dollars of "fictitious" compensation claims for the 2010 Gulf of Mexico oil spill are putting the company at risk. Business • 16 May 13
BP warns over spurious spill claims BP has warned that millions of dollars of "fictitious" compensation claims for the 2010 Gulf of Mexico oil spill are putting the company at risk. Business • 16 May 13
New output, trading lift BP profits above forecast BP profits outperformed expectations by almost $1 billion in the first quarter. Business • 30 Apr 13
New output, trading lift BP profits above forecast BP profits outperformed expectations by almost $1 billion in the first quarter. Business • 30 Apr 13
