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BP-News

Oil & Gas

BP ‘not liable’ for Halliburton damages

BP HAS filed court papers aimed at stopping it from having to pay compensation for possible punitive damages, fines and penalties US energy service firm Halliburton could face for its role in the Macondo disaster.

Oil & Gas

Townshend joins TNK-BP board

BP has appointed Michael Townshend as a non-executive director of TNK-BP with immediate effect. He will continue as president of BP in Iraq, overseeing the expansion of the Rumaila field. He replaces Tony Hayward on the TNK-BP board.

Oil & Gas

Gulf rig disaster report blames BP

A top-level report into last year's Gulf of Mexico explosion has laid much of the blame for the disaster on BP, but two US companies did not escape criticism.