Oil slick: the bill climbs to BP .

Analysts at Sanford Bernstein & Co. estimated the total bill to $ 8 billion for BP, the equivalent of four months of profit for the oil group. The securities have lost 16% in share price since the explosion of April 20.

The means used by BP and the U.S. government are titanic to try to stop the oil leak coming out of the drilling of Deepwater Horizon, the platform on April 20 destroyed by an explosion of unknown origin.
While the British group began to dig a relief well since Sunday to recover the oil and is expected to deploy Wednesday cover giant - A dome designed to plug the wellhead and in evacuating the oil through a pipe from vessels on the surface - it is still 5,000 barrels or 800,000 gallons of oil leaking every day in the Gulf of Mexico.
"Let me be clear: BP is responsible for the leak. BP will pay ", Barack Obama has insisted the weekend, targeting the British oil company as responsible for the ecological disaster may be "unprecedented" that threatens the Louisiana coast.
For its part, Beyond Petroleum (formerly British Petroleum) takes "full responsibility for the oil spill" and confirmed on Monday that pay all costs necessary and appropriate cleaning of the spill.

An invoice for a little over a quarter of profit for BP:
For now, the bill to be paid by BP is difficult to quantify, but Fitch has used a range of 2 to 3 billion euros for the cleaning and only Analysts at Sanford Bernstein & CoHave published a note Bloomberg has procured. and estimates the total cost (loss of the platform, oil spread, large ways to stop leaks, cleanup, compensation and fines) to 8 billion dollars.
"This amount does not call into question the financial health of BP," said Irene Himona, an analyst at Exane BNP Paribas. Indeed, the group identified, only the first quarter of 2010, a net profit of 6.08 billion ... Clearly, an $ 8 billion for BP would be to give only four months of profit. For the record, ExxonMobil, after the explosion of the Exxon Valdez spill in 1999 off the coast of Alaska, had to pay 4.3 billion dollars.

Around 25 billion dollars of market capitalization soared:
Still, investors did not wait for the stock market to dispose of their shares. Since April 20, when the explosion of the platform, the BP shares have lost 16% on the London Stock Exchange, falling from 655.4 to 550 pence Tuesday around 10:00.
According to the British newspaper Guardian, BP's market capitalization had already depreciated by about 25 billion dollars (a little over 19 billion euros) on Monday, when shares were down 12%.
"It's too much," Judge Richard Griffith, analyst at Evolution Securities, quoted by the newspaper, explaining that the cleanup costs and amounts relating to judicial action "will never reach that amount."
Same story at Citigroup strategist Mark Fletcher believes that the stock market collapse was "disproportionate". The broker is to buy on value, convinced that prices will recover, as was the case in previous s. Like the explosion of a refinery in Texas City in 2005. The group had paid 87 million dollars for violating safety standards.

Fines that often fall into oblivion:
BP expects net expenditure of $ 6 million a day to try - unsuccessfully - to stop the leak has already released 11.2 million liters of oil.
The "Oil Pollution Act - the legislation on the pollution of oil companies - which says that the maximum fine can reach $ 3,000 per barrel of oil spilled. At the rate of 5,000 barrels flowing into the Gulf of Mexico every day, and has been 14 days, the bill would already amount to 210 million dollars.
But such a sanction has ever seen. While the Exxon Valdez had dumped more than 40 million tons of oil, the fine group ExxonMobil had reached 150 million dollars initially, before declining to 25 million dollars.

Transocean, Cameron, and Halliburton have their share of responsibility:
The British group is not alone in dealing with this catastrophe: the companies Transocean, CameronAnd Halliburton who were involved in the consolidation of the wells and the platform could also be responsible for the disaster. By counting all the parties, the final score could reach 12.5 billion dollars (9.5 billion euros), according to Bernstein Sanford.
According to Insurance News, what are the assurances of BP, who praised the platform to the Swiss company, TransoceanWho should pay the bill.