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BP aims for quick well kill and weighs asset sales

Wed, 07/28/2010 - 9:26pm
Reuters

HOUSTON/MIAMI (Reuters) - BP Plc may permanently shut the well that caused the worst off-shore oil spill in U.S. history as early as Monday, the company said as speculation grew over assets it might sell to cover mounting costs.

Incoming BP chief executive, Bob Dudley, said on Wednesday the company would stay involved with the cleanup process in the Gulf of Mexico long after the leaking well was plugged and expressed optimism the damaged environment would recover.

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