Claims Battle Just Beginning for BP

摘要

BP plc's (London, England) executives have stated that the company is preparing for a long road ahead regarding the legal battle for damages after the Deepwater Horizon oil spill, reported the Financial Times. For the second consecutive quarter, BP has raised its allowance for compensation payouts. Taking into account cleanup costs and possible penalties, the financial damage for the spill is estimated by BP at more than $42 billion.