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BP's Deepwater Horizon bill rises $200m as profits fall

2014-02-04 09:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: BP has been forced to set aside a further $200m for the Gulf of Mexico oil spill, bringing the bill so far to $42.7bn. The final figure could be far higher, however, as the latest tally does not take account of additional provisions for economic loss claims from a further legal settlement it has made, the group said. BP is also waiting for a final US court decision over whether it was considered grossly negligent for the Deepwater Horizon accident. That could add over $20bn to the final bill...

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