BP's Deepwater Horizon bill tops $65bn

Oil giant now winding down payouts from 2010 disaster with 99% of 390,000 claims processedBP will have spent more than $65bn (?47bn) in compensation for the Deepwater Horizon disaster by the end of last year, but said it is finally winding down the last few hundred outstanding claims.The British oil giant announced on Tuesday it will be hit by a $1.7bn charge in the last quarter of 2017 for court-ordered payments resulting from the oil spill eight years ago, which was the worst in US history. Continue reading...