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Gulf Coast Oil Spill

BP Thinks Oil Spill Claims Will Come In Under $20 Billion

Rachel Slajda | September 13, 2010, 9:31AM


Aerial view of oil being burned from the BP Deepwater Horizon platform

BP executives believe that claims related to the Gulf oil spill will total less than $20 billion, the amount the oil company has committed to a fund meant to pay those claims.

Incoming CEO Bob Dudley told analysts he expects to pay less than the $20 billion in claims, but said the total price tag is expected to be around $32 billion.

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Topics: BP, Gulf Coast Oil Spill

BP

How BP's Bob Dudley Got Kicked Out Of Russia

Rachel Slajda | June 25, 2010, 3:08PM


Bob Dudley, right, with Tony Hayward

If you've heard anything about Bob Dudley, the BP managing director who this week took over supervising the Gulf response from CEO Tony Hayward, you've probably heard that he was expelled from Russia in 2008.

So what happened?

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Topics: BP, Bob Dudley, Gulf Coast Oil Spill, Tony Hayward

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