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BP Expects Higher Charges Related To Deepwater Claims

By Rachel Graf ( January 16, 2018, 1:53 PM EST) -- BP said Tuesday it anticipates a $1.7 billion charge in its 2017 fourth-quarter financial results, reflecting a greater value of settlement claims related to the 2010 Deepwater Horizon spill and the Fifth Circuit's May rejection of most of the formula the company was using to calculate economic losses from the disaster....

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