BP gets record fine in Gulf oil spill
BP gets record fine in Gulf oil spill
Credit: AFP/Getty Images
The BP logo is pictured at a petrol station in central London, on February 1, 2011. BP on Tuesday posted its first annual loss in almost two decades as a result of last year's devastating Gulf of Mexico oil spill, and raised the estimate of costs from the disaster to $40.9 billion. The company said it made a loss of $4.9 billion (3.6 billion euros) last year, which was the first shortfall since 1992 and followed the worst environmental catastrophe in US history. AFP PHOTO/Ben Stansall (Photo credit should read BEN STANSALL/AFP/Getty Images)