Latest from Oil & Gas

Vast oil spill damaging to industry credibility

BP could pay megabucks in oil-spill costs

Lawsuits, fines, cleanup and reputation-repair from the Gulf of Mexico oil spill are likely to cost company BP billions.

Taxes could boost fuel prices further - AA

Tax increases could add another 10 cents a litre to the price of petrol by the end of the year, says the AA.

Elderly forced to find out-of-way service

Elderly people are searching out petrol stations that will fill their tanks for them as health and safety rules take the service out of service stations.

Schwarzenegger ends support for offshore drilling

Arnold Schwarzenegger has withdrawn his support for a plan to expand oil drilling off California, citing the oil spill in the Gulf of Mexico.

BP will pay, says Obama as slick spreads

President tries to reassure locals the Government is doing all it can.

Criticism of BP over oil spill grows

Class action lawsuits have been filed against BP and contractor Halliburton as a vast oil spill threatens the US coast.

Change scam resurfaces

BP: Gulf spill 'unlikely'

After the worst US oil spill in decades, documents have emerged showing that BP had downplayed the possibility of a catastrophic accident at the rig.