BP warns of rising costs from spill settlement

 
By MICHAEL KUNZELMAN | Published: March 9, 2013   

BP is warning investors that the price tag will be “significantly higher” than it initially estimated for its multibillion-dollar settlement with businesses and residents who claim the 2010 oil spill in the Gulf of Mexico cost them money.

Advertisement

The London-based oil giant estimated last year that it would spend roughly $7.8 billion to resolve tens of thousands of claims covered by the settlement agreement. But in a regulatory filing...
View full article on Oklahoman.com

How do I get Full Access?





If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.

Business Photo Galleriesview all