- AFP via Yahoo! NewsJul 28 01:19 AM
BP said Tuesday it sank into the red in the second quarter, after taking a vast $10.8-billion (9.8-billion-euro) hit on costs linked to the deadly 2010 Gulf of Mexico oil spill. The British energy giant's performance also took a heavy knock from slumping global oil prices. "In the quarter BP took a charge of $10.8 billion in total related to the Gulf of Mexico oil spill -- including $9.8 billion...
- The AgeJul 28 05:16 PM
The fall in oil prices didn't help either, coming on top of the oil giant's $25 billion deal to settle damage claims for its 2010 Gulf of Mexico oil spill.
- The Irish TimesJul 28 02:35 AM
Oil giant hit by lower crude prices and cost of 2010 Gulf of Mexico spill
- Daily MailJul 28 02:46 AM
Earlier this month BP reached an $18.7billion settlement with the US Department of Justice to resolve the Gulf of Mexico oil spill which took place five years ago.
- Reuters via Yahoo! NewsJul 28 05:55 AM
BP's second-quarter profit slumped by nearly two thirds from last year as it grappled with lower oil prices, a write off in Libya and a $10.8 billion charge for the 2010 crude spill in the Gulf of Mexico. BP's Chief Financial Officer Brian Gilvary said he expected oil prices , which fell on Tuesday to their lowest since February below $53 a barrel, to remain soft in the medium term because of a...
- CBC via Yahoo Canada NewsJul 28 09:13 AM
British oil company BP reported a second-quarter net loss of $5.82 billion US on Tuesday after setting aside another $10.8 billion US to cover the cost of the Gulf oil spill. BP has agreed to pay a total of $54.6 billion for costs associated with the Deepwater Horizon, which had a fire and explosion in 2010 that killed 11 workers and spilled millions of gallons of crude into the Gulf of Mexico ...
- TheStreet.comJul 28 04:52 AM
BP (BP) reports a second quarter loss of $5.8 billion as costs associated with the Gulf of Mexico oil spill settlement take a toll.
- Philly.comJul 27 12:26 AM
BRICK, N.J. - An effort inspired by the BP oil spill in the Gulf of Mexico to catalog marine, animal, and plant life along the Jersey Shore and its industrial waterways is increasing knowledge of exactly what is in the water - which could be crucial to restoring habitats and assessing penalties after any serious oil spill.
- The Curious CapitalistJul 28 07:38 AM
The spill has now cost BP a total of $54.6 billion
- The Business Times SingaporeJul 28 02:40 AM
[LONDON] BP said Tuesday it sank into the red in the second quarter, after taking a vast US$10.8-billion hit on costs linked to the deadly 2010 Gulf of Mexico oil spill.