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BP logo is seen at a fuel station of British oil company BP in St...A U.S. federal judge has refused to allow investors to proceed as a group in a lawsuit accusing BP Plc of fraud by misleading them - before and after the 2010 Gulf of Mexico oil
A federal judge has temporarily suspended BP oil spill settlement payments to businesses while he reconsiders the company's arguments against compensating those that cannot trace losses directly to the nation's worst offshore oil spill. Thursday
The escort service submitted four years of tax returns till 2010 to the Gulf Settlement Program in support of a claim for lost income, BP said...The claimant also provided accounting statements that were missing the dates on which they were created...
Ambassador to Japan Caroline Kennedy as he arrives in Tokyo in hopes of diffusing tensions in East Asia. Rough Cut (no reporter narration) Reuters Trade Currie was one of the first oil analysts to predict that crude prices would surge last decade,
Interior Secretary Sally Jewell is in the New Orleans area to talk about the third and largest group of early restoration proposals for recovery from the 2010 oil spill in the Gulf of Mexico. Money for the work is coming from $1 billion provided by
Paris-based IEA in its annual World Energy Outlook said the centre of gravity of energy demand is switching decisively in favour of emerging economies, particularly China, India and the Middle East, which drive global energy use one-third higher. "
Santos has signalled fiscal 2014 output to reach as much as 57 million barrels of oil equivalent in 2014, thanks to the start up of new projects, such as its gas export project in PNG. In an investor briefing to be given later this morning, the
A federal appeals court has handed BP another victory in its bid to block what could be hundreds of millions of dollars in settlement payments to Gulf Coast businesses following the company's 2010 oil spill in the Gulf of Mexico...Circuit Court of
New York's main contract, West Texas Intermediate (WTI) for delivery in January added 33 cents to $94.15 a barrel. Brent North Sea crude for January gained just two cents to stand at $111.47 a barrel in London midday deals...Demand is great, economic
The death toll from an oil pipeline blast in Qingdao City of China's eastern Shandong Province rose to 62 after the body of the last missing person was retrieved, rescue officials said om Monday. About 136 people were hospitalised and 14 were