BP (BP) Seeks Gov't Intervention as Cost of Gulf Spill Escalates

Go back to BP (BP) Seeks Gov't Intervention as Cost of Gulf Spill Escalates

BP plc (BP) Pushes for Better Interpretation of Claims in Gulf Suit

July 8, 2013 8:56 AM EDT

BP plc (NYSE: BP) thinks there are a lot of fictitious claims rolling in from its settlement over the 2010 Gulf of Mexico oil spill.

Reports out Monday have BP saying that the claims administrator, Patrick Juneau, has approved "millions of dollars" in payments which the company believes are... More