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BP partner Anadarko refuses oil spill bill ---

One of BP's partners in the deepwater well which exploded in April - leading to the oil spill in the Gulf of Mexico - has refused to pay its share of the costs so far.
The following is a repost from the BBC. Anadarko Corporation is refusing to share in the liability for the Gulf Oil Spill although they were partners with BP. (Article below)


Here is their statement of Corporate Responsibility:

Leaving the world a better place for generations to come and giving back to the communities where we operate is our responsibility and our commitment. See how Anadarko's employees are putting these words into action every day.

Here is their Mission Statement:

Anadarko's mission is to deliver a competitive and sustainable rate of return to shareholders by developing, acquiring and exploring for oil and gas resources vital to the world's health and welfare.


It seems that Anadarko has a crisis between it's dedication to it mission vs. it's corporate responsibility. I encourage a campaign to inform their corporate leadership that the whole world is watching.

Here is their e-mail address:  publicaffairs@anadarko.com.

Here is their web-site:  http://www.anadarko.com/About/Pages/Overview.aspx




Here is the BBC Article:  http://news.bbc.co.uk/2/hi/business/10581968.stm


Houston-based Anadarko, which owns 25% of the Macondo well, was asked to pay $272m (180m) by BP.

But an Anadarko spokesman said it was going to withhold payment.

BP said it was "disappointed" that firm had "failed to live up to their obligations".

"Anadarko's refusal to pay their share will in no way affect BP's commitment to stop the leak, clean up the spill, and pay all legitimate claims as quickly as possible", spokesman Mark Salt added.

He said another firm with a stake in the project, Mitsui Oil Exploration, had also not responded to a request to help pay for the spill.

BP's bill so far has been more than $3.1bn - and it has agreed to set up a $20bn fund to deal with compensation claims and clean-up costs.

But investors remain uncertain over the eventual financial impact of the oil disaster, with estimates from analysts putting the final bill in the tens of billions of dollars.

BP shares remain at around half their value before the disaster and there has been speculation that it may look to sell a stake of the business to outside investors.

'Warning signs'

Anadarko indicated last month that it felt it should not pay for the spill, with its chief executive Jim Hackett issuing a statement that blamed BP for "reckless decisions and actions".

He accused the oil giant of failing to "react to several critical warning signs" as it drilled below the sea floor.

On Thursday BP said its operation to drill a new relief well to stop the Deepwater Horizon leak was ahead of schedule.

The new cap BP intends to install should make a more secure seal over the wellhead.

The company also plans to connect a third containment ship to capture more oil.