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BP disaster costs rise to $8bn

BP disaster costs rise to $8bn 03 Sep 2010 BP said on Friday that the cost of responding to its Gulf of Mexico oil spill had risen by almost $2bn over the past month to about $8bn. The UK oil and gas group also said that it was in the process of replacing the blow-out preventer that had failed when the leak from the Macondo well began in April. The well was plugged by a "static kill" operation in August.