Friday, June 18, 2010

BP's Junior Partner Fingers Oil Giant

Anadarko Petroleum has blasted BP for "reckless decisions and actions" that led to the Deepwater Horizon fiasco. Andarko owns a quarter interest in the affected oil well.

In a written statement, Andarko said that evidence disclosed this week, "indicates BP operated unsafely and failed to monitor and react to several critical warning signs during the drilling. ...BP's behavior and actions likely represent gross negligence or willful misconduct."

Andarko which is also on the hook for clean-up costs says it may sue BP noting that its contract with the oil giant makes BP liable to it for all damages "caused by its gross negligence or willful misconduct."

Sounds like a company that has a lot to gain and nothing to lose by denouncing BP.

1 comment:

LMA said...

Meantime, the oil just keeps gushing and gushing. This whole thing just blows me away. I knew we were capable of a lot of environmental destruction, but this is just too horrible to comprehend. By the time we get through poisoning the oceans, it sure won't take much for climate change to finish us off, along with all the other species we are driving to extinction.