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A month later, the company's loss in market value totalled $60 billion, a 35% decline since the explosion. At that time, BP reported a second-quarter loss of $17 billion, its first loss in 18 years. This included a one-time $32.2 billion charge, including $20 billion for the fund created for reparations and $2.9 billion in actual costs.
As of 2018, BP owned or had a share in 11 refineries. BP, which employs about 1,800 people in oil trading and trades over 5 million barrels per day (790 × 10 ^ 3 m 3 /d) of oil and refined products, is the world's third-biggest oil trader after Royal Dutch Shell and Vitol.
The Deepwater Horizon oil spill (also referred to as the "BP oil spill") was an environmental disaster which began on 20 April 2010, off the coast of the United States in the Gulf of Mexico on the BP-operated Macondo Prospect, considered the largest marine oil spill in the history of the petroleum industry and estimated to be 8 to 31 percent larger in volume than the previous largest, the ...
BP shares were up 1% at 0845 GMT. The original agreement provided for Hilcorp to pay $4.0 billion near-term and $1.6 billion through an earnout thereafter. Hilcorp paid a $500 million deposit on ...
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370,650[45] JPMorgan Chase. 324,660[51] 2017[edit] This Financial Times–based list is up to date as of December 31, 2017[update]. Indicated changes in market value are relative to the previous quarter.
Furthermore, while BP Prudhoe Bay's chargeable costs per barrel are set to rise by 2020, between now and 2017 they are going to head higher by a meager $0.10 per year.
BP reports a leak 1,000 barrels (42,000 US gallons; 160 cubic metres) a day. TheDeepWaterHorizonResponse.com domain is registered for one year by PIER Systems in Bellingham, Washington to be used by the United States Coast Guard and other reporting agencies. Price of a barrel of oil (West Texas Intermediate – Cushing, Oklahoma) is $84.34.