We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Extreme measures

17 June 2010 By Fiona Maharg-Bravo

The dividend suspension and staggered $20 bln escrow fund help clarify how the UK oil major will pay for the Macondo oil spill. Even on supergloomy assumptions, with heavy upfront costs and a bill approaching $60 bln, BP looks an unlikely candidate for a liquidity squeeze.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)