July 27, 2010

BP Recorded Costs Of $ 32 200 Million Due To Oil Spill

LONDON - British oil group BP said Tuesday it recorded pre-tax costs by 32 200 million dollars due to the oil spill in the Gulf of Mexico and will sell assets for a total of 30,000 million dollars over the next 18 months.

BP suffered an adjusted loss of $ 16,900 million in the second quarter due to provisions for paying the cost of oil spill in the Gulf of Mexico.

His BP CEO Tony Hayward, will leave office in October and be replaced by Bob Dudley, now in charge of the oil slick, then be appointed to the board of TNK-BP, BP's Russian joint venture.
- Written By GEETHA -

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