Friday, 27 January 2012

BP fails to shift $15 billion oil spill costs onto Transocean

LONDON (Reuters) - Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion clean up bill.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/OpNborCEmEw/us-bp-transocean-idUSTRE80Q00E20120127

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