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The oil group said the costs associated with the Gulf of Mexico oil spill have risen by $2bn in the last month to $8bn and that it expected the relief well currently under construction to be completed by mid-SeptemberSeptember 03
An oil platform 80 miles offshore in the Gulf of Mexico exploded on Thursday, sparking a rapid search and rescue helicopter response that recovered 13 people, the US Coast Guard saidSeptember 03
A top shareholder has signalled it would wait for a better takeover bid even as the UK utility services company's board said it was minded to back the private equity group's £364m approachSeptember 03
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