BP Complaints

(AFX UK Focus) 2010-05-10 10:01 UPDATE 2-BP says oil spill costs $350 mln so far, shares hit
By Tom Bergin

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Kansas City Star

Gulf Oil Spill Cost: BP's Profits In Four Days Cover Costs Thus Far Huffington Post (blog) BP ,Halliburton, and the rest of the big oil is scrambling to hide their monies in foreign banks, they don't give a damn about the gulf coast. … SE beaches look to woo tourists in oil spill limboThe Associated Press all 269 news articles »

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Who should pay the costs of the oil spill?
All of us. Analysts estimate clean-up will cost up to $14 billion. That’s just about how much BP’s profits were last year.

Read more on The Christian Science Monitor

BP Falls More Than 5% in London on Concern Spill Costs to Rise
May 4 (Bloomberg) — BP Plc fell as much as 5.1 percent, hitting a seven month low in London trading, on concern the costs of stopping and cleaning up an oil spill in the Gulf of Mexico will escalate.

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BP oil spill costs continue to mount
Coast and companies face uncertain costs; oil, gas shipments at risk. 5 May 2010 9:56 AM

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Reuters UK

Transocean Rig Blast to Increase Costs $200 Million BusinessWeek (Updates share price in last paragraph. For more on the Gulf of Mexico oil spill, see {EXT4 }.) By Joe Carroll May 6 (Bloomberg) — Transocean Ltd., … Oil-Rig Owner Faces Justice Request on Gulf SpillBusinessWeek BP, Halliburton, Transocean Told to Keep Rig EvidenceBusinessWeek Owner of sunken oil platform had safety concernsPalm Beach Post all 740 news articles »

View full post on gulf oil disaster updates – Google News.

BP vows to pay all oil spill costs
Energy giant BP vowed Monday to pay ‘all necessary and appropriate clean-up costs’ from the US oil pollution disaster in the Gulf of Mexico.

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BP CEO Hayward Says Spill Costs to Exceed Damage Cap (Update1)
BP Plc Chief Executive Officer Tony Hayward said he expects economic costs of the oil leak in the Gulf of Mexico to far exceed the $75 million federal limit on damages.

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BP could pay megabucks in oil-spill costs
The oil spill spreading across the Gulf of Mexico has drained US$32 billion ($44 billion) from BP’s stock market value. Lawsuits, fines, cleanup and reputation-repair are certain to cost the company billions more and could tie up…

Read more on The New Zealand Herald

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BP CEO Hayward Says Spill Costs to Exceed $75 Million Cap
BP Plc Chief Executive Officer Tony Hayward said he expects economic costs of the oil leak in the Gulf of Mexico to far exceed the $75 million federal limit on damages.

Read more on BusinessWeek

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