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BP chases Halliburton for billions over oil spill 
BP to blame says US report 
Higher prices not a gas 
BP reaches $7.8 billion deal over Gulf of Mexico oil… A series of decisions that saved BP and its partners significant time and money ultimately contributed to the Gulf of Mexico oil disaster according to White House experts.
President Obama’s oil spill commission report said ‘whether purposeful or not’ many of the cost-cutting decisions taken by BP, Halliburton and Transocean ultimately increased the risk of the blowout.
Eleven men died on the Deepwater Horizon rig when the Macondo well they were drilling exploded in April last year causing the largest offshore oil-spill in US history.
The report criticises all three companies’ procedures.
But the it also said that US regulators had neither the resources, the authority nor the expertise to prevent lapses in safety.
More about: BP, Oil spill, USACopyright © 2012 euronews
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