BP shares hit new low as drilling legal fight heats up

James S Murray
clock • 3 min read

Shares hit 14-year low as company reveals clean-up and compensation bill has hit $2.35bn

BP's share price slipped further this morning, hitting a 14-year low after the company announced that clean-up and compensation costs relating to the Gulf oil spill have hit $2.35bn. With fears mounting...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Legislation

How to make sure EUDR isn't a failure before it's even in place

How to make sure EUDR isn't a failure before it's even in place

The EU is preparing to implement its anti-deforestation legislation - but without a collaborative approach, companies can't ever succeed, warns Satelligence CEO Niels Wielaard

Niels Wielaard, Satelligence
clock 03 September 2025 • 5 min read
'Absurdly overdue': Government slammed over three year wait for promised ban on sale of peat composts

'Absurdly overdue': Government slammed over three year wait for promised ban on sale of peat composts

The Wildlife Trusts launch campaign calling on government to deliver full ban 'as swiftly as possible, as today marks three years since move was first promised

clock 27 August 2025 • 5 min read
'Modernised regulation': Government proposes new reforms to streamline environmental permitting

'Modernised regulation': Government proposes new reforms to streamline environmental permitting

Defra builds on proposals from Corry Review with new consultation on how to fast-track environmental permitting processes for the industrial and energy sectors

James Murray
clock 26 August 2025 • 3 min read