According to the oil giant BP, the costs of the oil spill in the Gulf of Mexico have risen to 8 billion dollars and it rose more than 2 billion dollars in the last month alone.
The company has also said that it had paid around 399 million dollars as the compensation claims to the people and organizations affected by the huge oil spill.
On Friday, BP PLC divulged a number of lessons that it has learnt while it tried to trouble-shoot the oil spill catastrophe in the U. S. Gulf of Mexico and said that it would let the industry gather knowledge regarding coping up with any disaster of that sort in a better and faster way because of the experience that it has had.
After handling severe criticism against his approach of handling the oil spill in the Gulf of Mexico, Tony Hayward is all set to step down as the CEO of BP in October. However, it has been learned from the sources that he is set to be nominated for a non-executive position on the board of the firm's Russian joint venture with TNK.
- Pebble launches its App Store on Android smartphones
- Oscar Mayer unveils new ‘Wake Up & Smell the Bacon’ alarm-clock app for iPhone
- Dyson launches a quieter, more efficient bladeless fan
- Samsung reveals new Black Edition models of Galaxy S4 and S4 Mini
- Panasonic announces Lumix DMC-GH4 camera with built-in 4K video recording