Anadarko tells BP it won’t help pay for oil spill

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BP Oil Spill
By CHRIS KAHN (AP) NEW YORK — Anadarko Petroleum Corp. says it won't help BP pay for the worst oil spill in U.S. history. The Houston company, which owns 25 percent of BP's blown-out well in the Gulf of Mexico, said Friday it has refused to send the $272 million contribution that BP requested in June. As part owner, Anadarko was on...

BP gets stricter with claims

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BP Oil Spill
By Catherine Clifford, staff reporter July 09, 2010: 02:15 PM EDT BP is becoming increasingly stringent with its demands for documentation from victims filing claims for lost wages and income in the Gulf region. Immediately following the spill, many initial payments were distributed in uniform amounts with minimum documentation based on estimates. Now, BP will make payments based on each claimants'...

Calpers calls for meeting with BP

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BP Oil Spill
By JOANN S. LUBLIN And GUY CHAZAN Anger at BP PLC's handling of the Gulf oil spill is prompting one of its largest U.S. shareholders to call for changes on the company's board. The California Public Employees' Retirement System, the biggest U.S. public pension fund, is conferring with BP officials next Wednesday amid criticism from some institutional investors that the board's...