BP plc (LON: BP) could lose $ 1 billion more, as the Chevron Corporation (NYSE: CVX) falling

Oil industry workers lose footing

In brief: Florida may raise $ 1 billion invoice to BP plc (LON: BP), Chevron Corporation (NYSE: CVX) shares lost in value.

BP plc (LON: BP) shares continue falling towards 393.50 points, losing -4.10 (-1.03%) in the middle of the auction. Chevron Corporation (NYSE: CVX) shares also go into the red, accounting for 76.69 points (-0.45%).

The state of Florida may raise an invoice of more than $ 1 billion to BP plc to cover the budget deficit due to oil spill off its coastline. The governorn’s attorney Steve Yerrid suggests the state compels the company to make an initial payment of at least several billion dollars to make up for budget expenditures.

Alex Korneev
2010-08-19 14:00, Economics.

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