As the clean-up cost for BP’s spill surpasses $3 billion, BP has demanded that its partners to pay about thirteen per cent of the costs so far or $400m. The demands were sent to Deepwater Horizon partners Anadarko – that owns 25 per cent of the well – and Japan’s Mitsui Oil Exploration that owns … Read More
Deep Offshore
BP’s Long Term Business Strategy in Chaos..
A BP presentation to investors from March 2010 – a month before Deepwater – is doing the rounds on the net after being picked up by Propublica. In fact the presentation to analysts is on BP’s own website. The presentation shows how so much has changed for BP since the disaster – and if nothing … Read More
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