Anadarko agrees to pay BP $4 billion as settlement of claims from Gulf of Mexico oil spill

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LONDON — Anadarko Petroleum Co. has agreed to pay $4 billion to BP PLC as part of a settlement related to last year's Gulf of Mexico oil spill.

BP said Monday that Anadarko's payment will form part of the British company's $20 billion trust fund, which has paid out $7 billion so far to settle claims from individuals and businesses. Eleven workers were killed when the Deepwater Horizon rig exploded off Louisiana on April 20, 2010.

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Juliet Eilperin 17 Oct, 2011


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Source: http://feeds.washingtonpost.com/click.phdo?i=17596aa5fc1a2b77056dda213f157c7c
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