BP agrees to $20 bln spill fund, cuts dividend - Reuters

The Guardian

BP agrees to $20 bln spill fund, cuts dividend Reuters WASHINGTON, June 16 (Reuters) - Under intense pressure from US President Barack Obama, BP Plc (BP.L)(BP.N) said on Wednesday it will set up a $20 billion fund for damage claims from its huge Gulf of Mexico oil spill, sell assets and ... BP to set aside $20 billion to help oil spill victims San Jose Mercury News Gulf oil spill: Will Obama regret his '90 percent' promise? Christian Science Monitor Obama seeks emergency funding for oil disaster commission CNN San Francisco Chronicle -msnbc.com -ABC News  »

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