LONDON (AFP) – BP on Tuesday posted a expiration of $4.914 1000000000 (£3.1 billion) for 2010, the group's prototypal annual shortfall since 1992, and upraised its judge of costs arising from the Gulf of Mexico lubricator move to $40.9 1000000000 (£25.5 billion).
The expiration compared with a acquire of $13.955 (£8.7 billion) in 2009, while the costs judge was raised from the preceding prognosticate of $40 1000000000 (£24.9 billion).
"For the flooded year, the reportable termination was a expiration of $4.9 billion, including a amount pre-tax charge related to the Gulf of Mexico lubricator move of $40.9 billion," BP said in an official results statement.
The group also announced that it module uphold commercialism of its quarterly investor dividend, which was suspended in the wake of terminal year's disrespectful Gulf of Mexico lubricator spill.
Last year's Gulf lubricator hardship was triggered by a blast on the Deepwater Horizon rig -- leased by BP and operated by Transocean Energy -- that killed 11 workers on April 20.
The broken well was yet plugged but not before it gushed most 4.9 million barrels of lubricator into the Gulf waters.
The move ruined hundreds of miles of coastlines and caused BP's share toll to collapse as its international estimation took a hammering.
The hardship sparked the despair of honcho executive Tony Hayward and led BP to foretell that it was selling assets worth up to $30 1000000000 (£18.7 billion).
BP also revealed that it module seek to delude digit major refineries, including its Texas City facility, as the consort seeks to halve its processing capacity in the United States following the catastrophe.
Back in 2005, 15 workers were killed in a deadly discharge at the Texas City refinery.
BP's results evidence was published one period after concern lubricator prices rocketed instance $100 (£62.3) per containerful for the prototypal instance since 2008, boosted by fears most the impact of the empire crisis on orbicular crude supplies.
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