US - The California Public Employees' Retirement System (Calpers) lost US$284.6m in value as the largest oil spill in U.S. history erased more than US$1.4bn from BP shares held by 42 state retirement accounts, data compiled by Bloomberg shows.
BP, the biggest producer of oil and gas in the U.S., has lost 47% of its value since a Gulf of Mexico well blew out on April 20, destroying the Deepwater Horizon drilling rig, killing 11 of its cre...
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