Billion, Gulf Spill | featured news

BP sells some Gulf of Mexico assets for $5.55 bn

Oil company BP said Monday it is selling some deep-water assets in the Gulf Mexico to Plains Exploration & Production Co. for $5.55 billion, a big step in the BP's drive to cover the cost of its oil well blowout in the Gulf two years ago and concentrate investment elsewhere.

 

Subscribe to this RSS topic: Syndicate content