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

Gallery

While we have your attention...

An increasingly rare commodity, quality independent journalism costs money - though not nearly as much as its absence.

Every article, every day, is our contribution to Defending Truth in South Africa. If you would like to join us on this mission, you could do much worse than support Daily Maverick's quest by becoming a Maverick Insider.

Click here to become a Maverick Insider and get a closer look at the Truth.


Election 2019

Maimane takes hardline on illegal immigration at DA’s 2019 campaign manifesto launch

By Ferial Haffajee

Canola oil is named such as to remove the "rape" from its origin as rapeseed oil.