BP to Create $20B Fund for Oil Spill Liabilities

President Barack Obama spoke on BP Plc’s agreement to compensate the claimants affected by the oil spill with a sum of $20 billion after a meeting with BP’s chairman, Carl-Henric Svanberg, Wednesday.
BP to Create $20B Fund for Oil Spill Liabilities
BP Chairman Carl-Henric Svanberg (R) and BP Chief Executive Tony Hayward (L) leave the White House following a meeting with U.S. Win McNamee/Getty Images
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[ Video Courtesy of NTDTV ]

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/102148380.jpg" alt="BP Chairman Carl-Henric Svanberg (R) and BP Chief Executive Tony Hayward (L) leave the White House following a meeting with U.S.  (Win McNamee/Getty Images)" title="BP Chairman Carl-Henric Svanberg (R) and BP Chief Executive Tony Hayward (L) leave the White House following a meeting with U.S.  (Win McNamee/Getty Images)" width="320" class="size-medium wp-image-1818531"/></a>
BP Chairman Carl-Henric Svanberg (R) and BP Chief Executive Tony Hayward (L) leave the White House following a meeting with U.S.  (Win McNamee/Getty Images)
Kristina Skorbach
Kristina Skorbach
Author
Kristina Skorbach is a Canadian correspondent based in New York City covering entertainment news.
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