Bp
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BP to pay out £12bn for oil spill
Oil giant BP said it had reached an 18.7bn US dollar (£12bn) legal settlement in the US to cover the Deepwater Horizon explosion and oil spill that killed 11 workers five years ago. It said the agreement would settle all US federal, state and
2-min read - BusinessAOL
Think climate change won't affect your pension? Think again
If you put money into a pension each month and let your pension provider worry about the investment side there is a good chance your money will be invested in BP and Shell. And if you don't think that's a problem, you may want to read
2-min read - NewsAOL
Falling oil prices leads to job losses at BP
Energy giant BP has announced hundreds of job losses amid the plunging price of oil, sparking warnings of further cuts and calls for government action. The firm said it expects to shed 200 onshore staff, while 100 contractors' posts will
6-min read - NewsAOL
Motorist exposes alleged rip-off fuel pump
Twitter/@DaveClarkDesign Petrol retailers have long been accused of being slow to pass on savings to consumers, with prices rising quickly in response to global fluctuations but falling much less dramatically. Now, however, one petrol station is
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BP 'suing US government over deals'
BP is suing the US government for barring the company from winning new federal contracts in the wake of the Deepwater Horizon explosion, it was reported. The oil company was banned from obtaining new contracts by the Environmental Protection
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BP sets aside more oil payout cash
BP has set aside an extra 1.4 billion US dollars (£913 million) in compensation for the Deepwater Horizon disaster as it struggles to stem a tide of allegedly spurious claims which it says are inflating its payout bill. The amount estimated by the
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BP seeks halt on oil spill payouts
BP has asked a judge to temporarily suspend all settlement payments to Gulf Coast businesses and people who claim they lost money after the company's 2010 oil spill while former FBI director Louis Freeh investigates alleged misconduct by a
