BP Still Uncertain Over Spill Cost at Third Anniversary

BP Plc (BP/) faces the third anniversary of the 2010 oil spill in the Gulf of Mexico today with no sure knowledge of how much more it will have to pay government and private plaintiffs over the disaster.

Falkland Oil and Gas shrugs off Argentine threats

The company on Friday reported an increased annual loss for 2011 of $6.64m, compared with $3.74m in 2010, but said it had more than enough cash to fund its exploratory drilling programme off the Falkland Islands this year.