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BP sells assets in US, Canada and Egypt to pay clean up bill

Wednesday, July 21st 2010 - 05:49 UTC
Full article 3 comments

British Petroleum is to sell assets in Texas, Canada and Egypt, to part-fund the clean-up cost of the Gulf of Mexico oil spill. The oil giant said it had reached a 7 billion US dollars deal with US-based oil production firm Apache Corp. Read full article

Comments

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  • avargas2001

    Does this mean BP didn't have enought capital flow to cover up for the damages ? lucky for them, it was only the gulf of Mexico, imagine if BP had more then one oil spill at one time, lucky for us that didn't happen.

    Jul 22nd, 2010 - 01:04 am - Link - Report abuse 0
  • Marco

    They will need to sell London to pay for all the damaged.

    Jul 22nd, 2010 - 04:34 am - Link - Report abuse 0
  • harrier61

    (1) Shame it didn't happen off the Argentine coast. No-one would have noticed.
    (2) Nope. BP will only pay credible claims. No chance of some loon in Washington getting his way.

    Jul 22nd, 2010 - 06:33 pm - Link - Report abuse 0

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