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How much worse can it get for BP?

Publié par Clifford Armion le 06/02/2010

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Sarah Arnott

"The share price of BP dropped by another dizzying 13 per cent yesterday, causing alarm far beyond the oil industry, as the company worked desperately on yet another untried strategy to stem the devastating oil leak in the Gulf of Mexico.

"The beleaguered group's shares collapsed even before the US authorities announced the launch of a criminal investigation. Efforts to plug the leak with a "top kill" of ultra-heavy drilling failed and BP admitted the catastrophe has cost it $990m (£674m) so far. BP has now seen a total of £42bn wiped off its value since the explosion on the Deepwater Horizon oil rig in April killed 11 people and unleashed the biggest oil slick in US history."

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Pour citer cette ressource :

"How much worse can it get for BP?", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), février 2010. Consulté le 28/03/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/how-much-worse-can-it-get-for-bp-