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23 March 2017 22:05 (South Africa)

BP expects Gulf spill costs to reach $1.6 billion

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

BP has just revealed that its cost of the Gulf clean-up has reached $1 billion and that it has revised its estimates of the total cost from $1.4 billion to $1.6 billion. That will include “the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs". Read more: AFP via Fin24

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

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