BP has said it is unlikely to stop the flow of oil from the sunken Deepwater Horizon rig in the Gulf of Mexico until August, which could mean its clean-up costs triple to $3bn.
The UK oil major has reported that the month-long effort to clean up the biggest oil spill in US history has so far cost it $930mn.
If costs continue to rise at the current rate of around $1bn per month, the bill could hit $3bn by...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.