BP needs R376bn for spill

BP is trying to raise R376billion to cover the cost of the Gulf of Mexico spill and is preparing to sue its partners in the oil field, UK newspapers said yesterday.

BP is trying to raise R376billion to cover the cost of the Gulf of Mexico spill and is preparing to sue its partners in the oil field, UK newspapers said yesterday.

The Sunday Telegraph reported that BP was getting ready to take legal action against US firm Anadarko, its main partner in the field, for its share of the clean-up costs. The newspaper cited a "senior BP source". - Sapa-AFP

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