BP
BP is one of the world's largets energy companies.
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Expanded Definition
BP is a British company that had a market cap of $181 billion as of Dec. 31, 2009. More than one-quarter of that market cap was gone by May 25, 2010, as BP continued to struggle to contain oil leaking into the Gulf of Mexico following an explosion at the Deepwater Horizon rig working one of its wells.
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Related Terms
- Deepwater Horizon oil rig explosion
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