BP Plc Sues Halliburton Company Over $42 Billion Oil Spill Bill-Reuters

Reuters reported that BP Plc has called Halliburton Company to pay all costs and expenses it incurred to clean up the 2010 Gulf of Mexico oil spill, which the oil major previously put at around $42 billion. In a U.S. court filing, BP said it was suing to recover costs and expenses from cleaning up the oil spill, lost profits, and all other costs and damages incurred by BP related to the Deepwater Horizon incident and resulting oil spill. The company previously said it expected the costs of sealing the blown out well, cleaning up the damage, compensating those affected and government fines to reach $42 billion.