Episode details

World Service,16 May 2013,28 mins
BP frets over mounting Gulf compensation costs
World Business ReportAvailable for over a year
Oil giant BP is getting increasingly concerned at the growing cost of compensation linked to the Deepwater Horizon disaster. It says it is being forced to pay out claims for what it calls "fictitious and inflated losses", and wants Prime Minister David Cameron to raise the issue with President Obama at the G8 meeting in Northern Ireland next month. Our Business Editor Robert Peston tells us why BP is so worried, and we speak to a Louisiana lawyer who is pursuing claims against the company.
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