BP

More public sector pensions uproar, UK recovery fears and still no deal on the US debt ceiling. Our round-up of the news from the nationals.

BP has reached a compensation settlement with one of the owners of the well which leaked millions of gallons of oil into the Gulf of Mexico last year.

BP's troubled deal with state-controlled Russian oil company Rosneft has fallen through.

BP is in last minute talks with Russian state oil firm Rosneft in attempt to salvage the proposed $16bn (£9.9bn) share swap deal before the midnight deadline tonight.

Oil major BP has agreed a deal with the US Department of Justice to pay $25m following the Prudhoe Bay oil spill in 2006.

With the hunt for income becoming increasingly strained, top fund managers say investors should not be limiting their income exposure to the UK.

BP profits fell 2% to £3.32bn in Q1 2011, as the oil giant sold assets to pay for the clean-up operation from last year's Deepwater Horizon disaster.

Financials dominate Forbes 2010 list of the biggest, most powerful companies in the world after a year of stellar performance and eye-watering profits.

A year on from the explosion on BP's Deepwater Horizon oil rig that caused one of the worst environmental disasters in US history and saw the oil giant's share price plunge more than 50% in 50 days, we recap the key events...

The final cost to BP from the Gulf of Mexico oil spill disaster could reach $60bn (£37bn), according to fresh analysis from ratings agency Moody's.