BP sinks into Q2 loss on oil spill charge, price slump
BP sinks into the red for the second quarter after a vast $10.8 bn hit on costs linked to the deadly 2010 Gulf of Mexico oil spill (AFP Photo/Andy Buchanan)/ London (AFP) - BP said Tuesday it sank into the red in the second quarter, after taking a vast $10.8-billion (9.8-billion-euro) hit on costs linked to the deadly 2010 Gulf of Mexico oil spill./ The British energy giant's performance also took a heavy knock from slumping global oil prices. Losses after taxation stood at $5.82 billion (5.26 billion euros) between April and June, BP said ...
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