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BP Allocated $500m to Explosion Victims

Oil giant BP has set aside an extra $500m

Oil giant BP paid an extra $500m to cover claims from the victims of an explosion at one of its refineries in Texas last year.

It has already allocated $700m for the March 2005 blast, which killed 15 people and injured 180.

BP said it had started the "phased re-commissioning" of the explosion-hit Texas City oil refinery in March.