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Massive Loss for BP in Oily Wake of Gulf Spill
BP has announced a record loss of $17 billion, set aside $32 billion to pay for costs related to the Gulf oil spill and replaced CEO Tony Hayward with Robert Dudley, the first American to had Britain’s largest oil company. Julia Werdigier reports from London for the New York Times .
BP has announced a record loss of $17 billion, set aside $32 billion to pay for costs related to the Gulf oil spill and replaced CEO Tony Hayward with Robert Dudley, the first American to had Britain’s largest oil company. Julia Werdigier reports from London for the New York Times.
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