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Almost five million barrels of oil spilt into the Gulf of Mexico following an explosion on BP's offshore rig

BP to take $1.7 billion Deepwater Horizon charge

BP said today it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.

Business • 16 Jan 18

BP is the first major European energy company to resume buybacks since the 2014 price slump

BP begins share buybacks as years of austerity pay off

BP said today it would begin a share buyback programme, making it the first major European energy company to resume buybacks since the 2014 price slump in a sign years of austerity have paid off.

Business • 15 Nov 17

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 engineering giant Halliburton admits destroying evidence over Deepwater Horizon disaster

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 had been trying to suspend payments to claimants seeking compensation for damage from the 2010 Gulf of Mexico spill

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

Deepwater Horizon accident killed 11 workers

BP ready for trial in Deepwater Horizon case

BP today acknowledged that it had failed to reach a settlement in advance of next week's civil trial on the Deepwater Horizon accident.

Business • 19 Feb 13

BP suspended from new US government contracts

BP is being temporarily suspended from new contracts with the US government, the Environmental Protection Agency said today.

Business • 28 Nov 12

Two BP workers indicted on oil spill charges

A grand jury has indicted two BP employees on 23 criminal counts related to the Deepwater Horizon oil spill in 2010, US Attorney General Eric Holder has said.

News • 15 Nov 12

BP says settlement near on US penalties

British oil company BP said it is in advanced discussion with US agencies about settling criminal and other claims from the Gulf of Mexico well blowout two years ago.

Business • 15 Nov 12

US Justice Dept accuses BP of 'gross negligence'

The US Justice Department is ramping up its rhetoric against BP for the massive 2010 oil spill in the Gulf of Mexico.

Business • 05 Sep 12

BP still paying for spill disaster

The Gulf of Mexico oil spill continues to plague BP more than two years after the disaster as the energy giant has revealed another $847m hit to cover rising legal costs.

Business • 31 Jul 12

US investigation looks at Deepwater Horizon spill

A US saftey investigation has found that BP and Transocean Ltd. lacked clear guidelines to enure the well that caused the Deepwater Horizon disaster was safely sealed

Business • 24 Jul 12

Ex-engineer charged with deleting texts about spill

Ex-BP engineer charged over Gulf of Mexico spill

A former BP engineer has become the first person to face criminal charges in connection with the Deepwater Horizon oil spill in the Gulf of Mexico two years ago.

News • 25 Apr 12

Deepwater Horizon