BP fined $373m by US government
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The US Department of Justice fines oil giant BP some $373m (Â£182m), for fraud and environmental violations.
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Business & money: Water industry regulator Ofwat confirms that it has hit company with its biggest fine ever
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A US safety watchdog plans to fine BP for alleged breaches at a Texas plant following a fatal blast there in 2005.
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By Terry McCoy, The Morning Call, Allentown, Pa.  May 26--The state Department of Environmental Protection issued a mild hand slap in the form of a $61,000 civil penalty against Moyer Packing Co.
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The EU fines five oil and chemical firms including Italy's Eni and Royal Dutch Shell Â£519m ($682m) for fixing rubber prices.
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Oil giant BP today said record fuel prices and better refining margins had helped it to bank nearly Â£1 million a day in profits. BP posted profits of 3.94 billion US
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Citgo Petroleum Corp. will pay a  $3.6 million fine in a settlement with the U.S. Justice  Department and also spend $320 million to cut air pollution  from six of its refineries, the government said on Wednesday.
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LONDON - BP PLC agreed to pay $373 million to resolve charges related to a fatal refinery explosion, market manipulation, and an oil pipeline leak, as Europe's second-largest oil company tries to recover from lapses that dented its share price and image.
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WASHINGTON -- British Airways PLC and Korean Air Lines Co. were each fined $300 million in a US court yesterday after admitting they reached secret agreements with competitors in setting fuel surcharges.
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ConocoPhillips will install $525 million in pollution controls at nine refineries and pay a $4.5 million fine to settle a federal lawsuit alleging Clean Air Act violations, the Bush administration announced Thursday.
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U.S. Congress members on Thursday   chided BP Plc. BP.L executives for allowing pipelines at   Alaska's Prudhoe Bay oil field to get so corroded that there   was a major oil spill in March and partial closure of the giant   field in August.
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WASHINGTON -- BP executives received stern warnings Thursday from members of Congress outraged at the company's admittedly deficient maintenance of leak-prone Alaskan oil pipelines.
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British energy major BP has confirmed that it was facing a US investigation over whether the group had manipulated crude oil and motor fuel markets.
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Oil major BP  on Thursday  agreed to pay $373 million to settle U.S. charges stemming from  a deadly Texas refinery explosion, an Alaska oil spill and  allegations it manipulated the propane market.
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British energy giant BP has announced the sale of its refinery in Coryton, southeastern England, to Swiss petroleum company Petroplus for 1.4 billion dollars (1.07 billion euros).
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Three former employees at fund manager Amvescap yesterday agreed to pay penalties totalling $3.34m (Â£1.9m) to settle charges relating to the US mutual funds scandal.
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The fine was part of a $30 million settlement with the government over allegations that Massey Energy violated water pollution permit limits at its mines and plants.