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Business 12 Jan 2011 | 12:00 AM Premium

US oil spill report rekindles push for reform

WASHINGTON: Democrats in Congress pledged Tuesday to push for tougher regulation of offshore drilling and to make oil companies more financially responsible for spills - steps a U.S. presidential panel says are necessary to prevent another catastrophic blowout.

Business 18 Jun 2010 | 12:00 AM Premium

After the oil spill what is BP's future?

NEW YORK: BP holds enough oil in its reserves to single-handedly supply the United States for two years.

Business 26 May 2010 | 12:00 AM Premium

Alaska pipeline shut down following oil spill

ANCHORAGE, Alaska: Up to several thousand barrels of crude oil from the trans-Alaska pipeline spilled Tuesday into a massive tank and overflowed into a containment area, shutting down the 800-mile (1,300-kilometer) line until the hazard is removed.

Business 30 Apr 2010 | 12:00 AM Premium

US gulf oil spill, what went wrong?

WASHINGTON: Suddenly, everything changed.

Business 03 Jun 2010 | 12:00 AM Premium

Amid spill anger, Obama asks cut in oil tax breaks

PITTSBURGH: President Barack Obama pressed Congress to scrap billions in oil company tax breaks and pass legislation to help the nation kick a dangerous fossil fuel addiction Wednesday, trying to channel disgust over the worsening oil disaster into a force for clean energy.

Business 05 Jul 2010 | 12:00 AM Premium

Oil spill a familiar story in oil-soaked Nigeria

IWUO-OKPOM, Nigeria: The brown spots run like a trail of blood down the deserted coastline near this fishing village. Just underneath a handful of sand lies spilled oil.

Business 06 Sep 2011 | 12:00 AM Premium

ConocoPhillips struggling with China oil spill

SHANGHAI (AP) - The oil spills from offshore wells operated by ConocoPhillips in China's Bohai Bay are posing political and technical challenges for the oil company far messier than the crude and drilling mud seeping from the seabed.

Business 13 Jan 2010 | 12:00 AM Premium

Big fuel spill on Alaska island

ANCHORAGE, Alaska (AP) - An estimated 142,800 gallons (540,500 liters) of diesel fuel spilled from a storage tank on an island in Alaska's remote Aleutian chain.

Business 05 Jul 2010 | 12:00 AM Premium

BP oil spill costs rise above US$3 billion

LONDON: BP says that it has now spent more than US$3 billion in attempts to stop an oil leak in the Gulf of Mexico and to settle damage claims.

Business 09 Jun 2010 | 12:00 AM Premium

Oil spill or not BP paying out US$2.63bil in dividends

NEW YORK: BP PLC will pay shareholders US$2.63 billion in dividends on June 21 as investors and U.S. lawmakers wait to see what the oil company decides about future payouts.