BP more than doubles profits
BP chief executive Bob Dudley hailed "a strong start to 2013" yesterday after the oil giant's profits more than doubled in the first quarter.
oil giant
VOS wins BP contract
Aberdeen-based Vroon Offshore Services (VOS) said yesterday it had signed a contract with BP to support the oil giant’s UK operations.
Investors and activists vent anger at oil giant’s AGM
BP bosses fended off a shareholder backlash yesterday amid angry protests and claims their pay packets were "extreme and excessive".
Shell denies £850,000 payout for home is golden goodbye
A former North Sea boss received more than £850,000 in compensation from oil giant Shell after the value of his home fell.
Awards worth £3.5m
Oil and gas service business Zeta-pdm said yesterday it signed deals worth £3.5million last year.
BP profits down as recovery from US disaster continues
Oil giant BP said yesterday its profits were down by one-fifth last year after its sale of assets progressed ahead of schedule.
ExxonMobil back on top
ExxonMobil has reclaimed its place as the largest US publicly traded company by market value a year after losing it to technology giant Apple
A busy time ahead for BP in North Sea
BP's plans for the UK continental shelf will take the North Sea industry into the second half of this century.
Oil giant planning £3.5bn spar project
Oil giant Statoil has lodged plans for the world's largest spar installation following an announcement of a new gas pipeline to the Arctic.
£18.6m BP contract for Subsea 7
Subsea 7 said yesterday it had been awarded an £18.6million contract by oil giant BP to support the redevelopment of its Schiehallion field, 108 miles west of Shetland.
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.
BP agrees to pay record settlement over disaster in US gulf
Oil giant BP is to pay the biggest fine in US history after agreeing a £2.8billion ($4.5billion) settlement with authorities for claims relating to the Deepwater Horizon disaster.
Chevron gets go-ahead for Cambo well
Oil giant Chevron has been given the go-ahead to drill a deepwater exploration well west of Shetland.
BP boost helps the wider FTSE 100 Index
The FTSE 100 Index powered nearly 1% higher today as hefty gains from oil giant BP helped it overcome a second day of trading being suspended in storm-ravaged New York.
Farmers suing Shell
Nigerian farmers are suing Shell in a Dutch court, asking judges to order the oil giant to clean up environmental damage they claim is caused by leaking pipes. The case is a legal landmark in the Netherlands because it is the first time a Dutch group has been sued for alleged environmental mismanagement caused by an overseas subsidiary.
BP agrees refinery deal
A refinery where 15 people were killed in an explosion in 2005 is to be sold by BP after the oil giant agreed a £1.5billion deal.
Oil giant agrees £3.5bn sale of assets in US gulf
Oil giant BP has agreed to sell assets in the US Gulf of Mexico to an American firm for £3.5billion.
BP shares down 3%
A slump for oil giant BP amid fears it will be unable to secure an out-of-court settlement with the US government over the Gulf of Mexico disaster dragged the London market lower today.
BP ‘close to US deal’ on oil spill disaster
Oil giant BP is believed to be nearing a £7.4billion settlement with US authorities as it seeks to draw a line under the Deepwater Horizon disaster in the Gulf of Mexico.
US gulf oil trial delayed
The trial over who was to blame for the Deepwater Horizon explosion and oil spill in the Gulf of Mexico has been delayed until next year.
Prosafe picks up £40m work with BP
Oil giant BP has awarded a £40million contract for use of an offshore accommodation rig to Norwegian offshore service group Prosafe.
BP agrees £251m deal for UK assets
BP said yesterday it had agreed to sell its southern North Sea assets in a £251.7million deal but added it was still committed to developing around the UK.
Battle to stem leak as fears increase over explosion risk
Concerns have been expressed that the oil giant may never be able to find a solution to stemming the leak, which will take the "world's greatest mechanical engineers" to fix.
Shell faces legal action
Lawyers say thousands of Nigerian farmers and fishermen are taking legal action in the UK in an attempt to win compen-sation for environmental damage caused by oil spills.
Oil giant could tap into £8bn fund to settle gulf claims
BP could tap into an £8billion fund to settle claims filed by a group of fishermen and businesses affected by the Deepwater Horizon disaster. The UK oil giant is due to go on trial in the US with two contractors on Monday to find who was responsible for the huge spill in April 2010, but it could agree compensation before the case starts.