BP 'in talks over asset sale after oil spill'

Oil giant BP is in talks over an £8bn (€9.5bn) asset sell-off to help meet the costs of tackling the Gulf of Mexico oil spill, it was reported today.

Sun, 11 Jul, 2010 - 13:59

Oil giant BP is in talks over an £8bn (€9.5bn) asset sell-off to help meet the costs of tackling the Gulf of Mexico oil spill, it was reported today.

The assets up for grabs in the firm’s talks with US rival Apache Corporation include a big stake in Alaska’s giant Prudhoe Bay oil field, the Sunday Times reports.

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CourtsBusinessBP oil spillPlace: Gulf of MexicoPlace: AlaskaPlace: VenezuelaPlace: ColombiaPlace: VietnamPlace: USEvent: Deepwater HorizonEvent: Second World WarOrganisation: BPOrganisation: Prudhoe BayOrganisation: Sunday TimesOrganisation: ApacheOrganisation: Pan American EnergyOrganisation: ExxonMobil
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