BP's (BP +2.1%) inability to stem the Gulf leak hasn't deterred rival firms from picking BP as a...

|About: BP p.l.c. (BP)|By:, SA News Editor

BP's (BP +2.1%) inability to stem the Gulf leak hasn't deterred rival firms from picking BP as a deepwater partner; Chevron (CVX +0.4%) is reportedly teaming up with the company to bid for a South China Sea exploration block. The deal is already in front of Chinese regulators.