Anadarko (APC) agrees to pay BP (BP) $4B to help clean up the Gulf of Mexico oil spill. However,...

|About: Anadarko Petroleum Corpor... (APC)|By:, SA News Editor

Anadarko (APC) agrees to pay BP (BP) $4B to help clean up the Gulf of Mexico oil spill. However, Anadarko may have got off lightly given that it had a 25% share in the well that caused the disaster. With BP pegging total costs at $42B, Anadarko could have faced a potential bill of around $10B. (PR)