offshore oil spill

Markets

BP in US contract ban

Oil giant BP has been suspended from new US Government contracts because of its "lack of business integrity" in the way it handled the Gulf disaster.

Oil & Gas

BP ‘not liable’ for Halliburton damages

BP HAS filed court papers aimed at stopping it from having to pay compensation for possible punitive damages, fines and penalties US energy service firm Halliburton could face for its role in the Macondo disaster.