BP settles with maker of failed blowout preventer
BY: Associated Press NEW ORLEANS — Cameron International, the maker of the Deepwater Horizon blowout preventer that failed to stop last year’s massive oil spill in the Gulf of Mexico, has agreed to pay $250 million to BP under a legal settlement, BP said Friday. BP said it was “in their mutual best interests, and the agreement is [...] |
Anadarko to pay BP $4B in Gulf settlement
BY: Associated Press LONDON — Anadarko Petroleum Co. has agreed to pay $4 billion to BP PLC as part of a settlement related to last year’s Gulf of Mexico oil spill, adding weight to BP’s contention that it was not solely responsible for the disaster. BP said Monday that Anadarko’s payment will form part of the British company’s [...] |



