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BP to pay $18.7bn to US over oil spill

ECONOMY

BP to pay $18.7bn to US over oil spill

BP has agreed to an $18.7 billion settlement with five US states and the federal government over the great spill in the Gulf of Mexico in 2010.

Glencore oil execs visit Tehran for talks

ENERGY

Glencore oil execs visit Tehran for talks

Anglo-Swiss commodity trader Glencore is the latest European energy entity to send its executives to Tehran in search of business opportunities amid hopes of a nuclear deal with Iran, a Thursday report said.

Iraq reports 4mn cases of ISIL abuses

IRAQ

Iraq reports 4mn cases of ISIL abuses

An Iraqi minister says the ISIL terrorist group has violated human rights laws in Iraq more than four million times since last year.