Anadarko reneges on payment to BP
Published: July 9,2010
NEW YORK — Anadarko Petroleum Corp. is refusing to pay BP about $272 million for its share of the costs tied to the massive Gulf oil spill.
The Houston-based oil company is part owner in the Macondo well that blew out on April 20 and has sent millions of gallons of oil into the sea. Spokesman John Christiansen said today that Anadarko informed BP of its intention to withhold payment for the bill BP sent it in early June.
So far, BP has paid more than $3 billion to deal with the spill. According to a joint-operating agreement, Anadarko is on the hook for a quarter of the costs, so BP could be sending more bills. Anadarko claims it shouldn’t be held responsible because it believes BP was reckless in the drilling operation.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- WILLOUGHBY: Mayo Flynt leads AT&T Mississippi by enjoying both work and workers
- MARTIN WILLOUGHBY: Gary Herring building tomorrow by educating today
- Hyatt-Place is Columbus’ newest hotel option
- 'Blue Economy' important for Mississippi's future
- J.McLaughlin to open in Highland Village next spring