BP's Tatics in Cape Vincent Ny

Thursday, January 16, 2014

BP Risk Versus Value

BP has vowed to keep fighting compensation claims arising from the massive Deepwater Horizon oil spill in the Gulf of Mexico. The problem is that it doesn't believe all of the claims have merit, to the tune of hundreds of millions of dollars. That's a good reason to keep fighting, but it means there's still oil-spill risk. Long-running legal woes aren't uncommon in the oil industry, and if history is any guide, BP has decades to go before this issue is behind it. Continue...

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