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oil giant

Oil & Gas

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.

Oil & Gas

Awards worth £3.5m

Oil and gas service business Zeta-pdm said yesterday it signed deals worth £3.5million last year.

Oil & Gas

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

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.

Markets

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.

Oil & Gas

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.

Oil & Gas

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.

Markets

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.

Oil & Gas

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.

Oil & Gas

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.