Pressure on BP mounts

British energy giant faces increasingly tough rhetoric from US government.

    The environmental disaster and ensuing bad press have taken a toll on confidence in BP, with its share prices hitting the lowest level since 1997.

    The company says it can pay for what it calls "legitimate claims" arising from the worst oil spill in US history.

    Senior BP officials, wedged between angry government officials and unhappy shareholders, are expected to meet the Obama administration next week.

    Al Jazeera's Cath Turner reports.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Strong quotes for Martin Luther King Jr Day

    Quotes from Martin Luther King Jr that resonate today

    Quotes of justice, education, religion and race said by MLK Jr.

    Bitcoin: Know the risks before you buy

    Bitcoin: All you need to know before you buy

    'Bitcoin is right now the riskiest investment you can make.' Here are the risks you should consider before you buy.