May 13, 2010 /EIN Presswire/ — With oil still gushing from the ocean floor and no end in sight, BP today estimated it already is on the hook for $450 million in containment, relief well drilling, commitments to coastal states, individual settlements and other costs.

Analysts forecast that before this is all over the bill will be $12 billion or more. BP says 6,700 claims already have been filed against it, of which 1,000 already have been paid.

Costs were revealed as BP planned another attempt at staunching the flow of oil with a containment dome. An earlier attempt failed.

Read more at BP Energy Daily Report:
BP Oil Spill news – http://bpenergy.einnews.com/news/bp-oil-spill
BP CEO Tony Hayward news – http://bpenergy.einnews.com/news/bp-ceo

Located at http://bpenergy.einnews.com, BP Energy Daily Report is a service of EIN News, a global news monitoring service for researchers and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers the latest BP Energy news from more than 7,000 news sites from around the world. The latest news updates on these topics are also available in email and RSS formats.

About EIN Presswire
The EIN Presswire press release service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals through more than 90 industry channels. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the press release live feed at http://www.einpresswire.com and the latest world news at http://www.einnews.com.

ABOUT THE AUTHOR: