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News
June 24, 2015

BP Facing $68.2 Billion in Legal Aftermath of Deepwater Horizon

BP may face up to $68.2 billion as litigation connected to Deepwater Horizon plays out in coming years, a staggering figure for a company operating within an industry downturn.

“For BP, these ongoing and upcoming litigation liabilities are also occurring at one of the most challenging periods for the company and the industry in recent memory,” comments Bloomberg Intelligence energy analyst William Hares.

Read the full post here.

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