BP not expecting spill settlement ~ “We’re going to fight this.” BP CEO Bob Dudley said.

“The loss claims have really been misinterpreted from the agreement that we signed in good faith,” Dudley said in a Bloomberg Television interview. “We’re going to fight this.”

BP Chief Executive Officer Bob Dudley said it’s unlikely Europe’s second-biggest oil company will reach a settlement with the U.S. over the Gulf of Mexico disaster as provisions set aside to pay for the spill rose.
“It’s highly unlikely we are now going to enter into detailed settlement discussions,” Dudley told reporters in London today. “We’re digging in for the long term.”.
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