The U.S. president, Barack Obama and British Prime Minister, David Cameron, agreed on Saturday in its view that no one would benefit if the company British Petroleum (BP) damaged as a result of the oil spill in the Gulf of Mexico, British government said after a meeting held between the two leaders.

BP shares have fallen to their lowest point in 14 years and its market capitalization suffered a destruction of 100,000 million dollars (over 81,000 million euros) from the disaster that began on 20 April. In light of these data, Cameron on Friday showed concern about the “destruction” of the company.

Business and shareholder groups have been calling for Britain’s new Prime Minister comes to defending the company because of the perception that Obama has been too critical of its management of the landfill.

According to the sources cited, Cameron raised the issue of BP to Obama when the two leaders held their first face to face since he became prime minister last month. “Both agreed that there is nothing to gain if BP is damaged, “said the official.” And both agreed that BP should meet their obligations to stop the loss, clean up the damage and respond to the legitimate compensation costs.”

The company said it paid U.S. $ 2,350 million (1,900 million euros) so far in cleanup costs and compensation for the ecological disaster caused by the largest spill in U.S. history. That does not include the fund by the oil spill of 20,000 million (16,170 million euros) has agreed to establish, or the billions of dollars that must pay fines.

BP, which was an entirely British company, now has global operations and a greater presence in the U.S.. About 40 percent of its shareholder base from the United Kingdom, and a similar proportion in the U.S..

Filed under: finance

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