BP Says Deepwater Horizon Spill Has Cost It $40B
On Tuesday, the oil giant revealed that it posted a profit of $1.78 billion in the third quarter, compared to a $17 billion loss in the second quarter.
In the third quarter, the company spent $7.7 billion on the Gulf of Mexico spill, after spending a staggering $32.2 billion in the second quarter.
The second-quarter costs turned...
To view the full article, register now.