BP expects Gulf spill costs to reach $1.6 billion

By Andy Rice 14 June 2010

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



Former Gauteng transport head implicated in dodgy tenders appointed special adviser to Minister Susan Shabangu

By Marianne Thamm

Katy Perry is the only artist to rival Michael Jackson's five billboard #one singles off one album.