Apache Rumored to Offer $10-billion for BP Assets

Apache Rumored to Offer $10-billion for BP Assets

| According to London's Sunday Times and Reuters, BP is rumored to strike a US$10-billion deal with Houston-based Apache Corporation for its assets and oil field stakes in Alaska. The BP share rose 9 on Monday following the rumor and success news of the new cap over the blow-out preventer, closing at $36.76 on the New York Stock Exchange. That's a 36 increase since its historical 14-month low on June 25.


User: TomoNews Funnies

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Uploaded: 2012-01-10

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