BP asks court to reconsider 'gross negligence' ruling

BP has asked a US court to reconsider its ruling of "gross negligence" over a 2010 oil spill in the Gulf of Mexico, which boosted its potential fines to around $18bn (£11.1bn).

BP loses bid to freeze Gulf of Mexico spill payouts

The US Supreme Court has refused to allow BP to stop paying compensation claims while it awaits a review of its settlement with businesses over the 2010 Gulf of Mexico oil spill.

Exxon to remove damaged part of Arkansas oil pipeline on Monday

(Reuters) - A 52-feet section of Exxon Mobil Corp's damaged Arkansas crude oil pipeline will be cut and removed on Monday, the company said.

BP appeal over 'absurd' Gulf oil spill payouts

Oil giant BP is taking legal action in the US to limit payouts by a fund set up to compensate those affected by the 2010 oil spill in the Gulf of Mexico.

Chevron appeals Brazil ban, seeks oil field restart

RIO DE JANEIRO (Reuters) - Chevron , the No. 2 U.S. oil company, has appealed against an injunction banning it and its drilling contractor Transocean Ltd from operating in Brazil while civil and criminal charges over an oil spill last November are judged.

Brazil oil regulator: Chevron leak not "negligence"

BRASILIA (Reuters) - An oil spill off the Brazilian coast in November was not the result of negligence by Chevron or drill-rig operator Transocean, Brazil's oil regulator said on Thursday, providing a boost to the companies and their executives as they face criminal charges.

Brazil to charge Chevron executives over fresh oil leak

Brazilian prosecutors say they will bring criminal charges against 17 executives from the US oil company Chevron and drilling contractor Transocean after a new leak of crude.

Accord Reached Settling Lawsuit Over BP Oil Spill

BP and the lawyers for plaintiffs in the trial over the 2010 oil spill in the Gulf of Mexico have agreed to settle their case.Judge Carl J.

BP increases dividend as profits hit £15bn

The 14pc dividend rise - taking payments to 8 cents (5.1p) per share - was the first increase since BP reinstated the payments it suspended during the oil spill.