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As Oil Spill Costs Top $3 Billion, BP Seeks Help

BP logoThe costs to BP (BP) associated with cleanup, containment, relief well drilling and damage claims arising from the Gulf oil spill has exceeded $3 billion, the London-based energy giant reported Monday.

This includes $147 million in payments to individuals, businesses and governments affected by the spill, which began April 20, but not the $20 billion escrow account that BP agreed on June 16 to set up at President Obama's insistence.

Continue reading As Oil Spill Costs Top $3 Billion, BP Seeks Help

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