Monday, July 12, 2010

Daily Herald | Report: BP ponders $12 bil. asset sale to Apache

 

BP PLC declined to comment Sunday on a report that it is in talks about possibly selling $12 billion worth of assets, including a stake in Alaska's Prudhoe Bay oil field, to U.S. oil company Apache Corp.

Sunday Times separately said that ExxonMobil is considering a bid for BP. Citing oil industry sources, the paper said ExxonMobil had approached the Obama administration for clearance to make a takeover offer.

Click on the following for more details:  Daily Herald | Report: BP ponders $12 bil. asset sale to Apache

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