BP sells Gulf of Mexico fields to pay for oil spill


BP oil spillBy Osamu Tsukimori and Risa Maeda – BP agreed to sell four fields in the deepwater of the Gulf of Mexico to Japan’s Marubeni Corp for $650 million, as the oil major seeks to raise cash to pay for its oil spill in the region.

BP has committed to selling up to $30 billion in non-core assets to pay for the clean up of the U.S.’s worst ever oil spill, and to compensate victims. more> http://tinyurl.com/29zgk4k

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