ShippingWatch

Media: BP gets new billion-dollar charge for Deep Water Horizon spill

Yet another billion-dollar bill for the 2010 Deepwater Horizon catastrophe has landed at BP's door. The combined bill thus climbs to USD 62.5 billion, according to The Guardian.

Photo: GERALD HERBERT/AP/POLFOTO

Oil giant BP must pay out a further 2.5 billion in charges for the disastrous oil spill in the Gulf of Mexico in 2010, pushing the combined bill to USD 62.5 billion, reports The Guardian.

The Deepwater Horizon case, which saw 5 million barrels of oil spill into the Mexican Gulf and cost 11 lives, has seen the company hit with an additional "non-operating charge" in the coming report for the second quarter, which will be published July 26.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Oil shipping states get loophole in EU's new Russia sanctions

In a new sanctions package against Russia, the EU cracks down on exporting the warring nation’s crude to third countries – despite protest from countries like Greece and Malta. Although several states are given leeway in new sanction demands the EU Commission otherwise considers ”water-tight”.

Further reading

Related articles

Latest news

See all jobs