A Well Known Oil Business Company
BP, a well known oil business company, has shares jumped 27% since early July and rose for a second day as much as 5.2% on transactions on the London Stock Exchange yesterday, up to a level of 417.30 cents a pound. The company’s share dropped 37% since the oil spill incident occurred on 20 April in the Gulf of Mexico that killed 11 workers. It has claims data that quoted from the official site of BP shows per July 13, claims worth U.S. $ 177 million has been paid. Overall, there are 108 000 incoming claims where more than 42,000 of which was waiting for document processing. “We would welcome investors from anywhere who wants to buy or increase its share,” said Robert Wine, a spokesman for BP in London. However, he declined comment on the related interest in Abu Dhabi.
