Keith Jones has heard about the government’s negotiations over criminal charges related to the Deepwater Horizon disaster. Amid all the talk of multibillion-dollar fines, though, he sees a glaring omission.
BP’s Monday announcement of a $5.5 billion sale for several Gulf of Mexico properties has brought praise from analysts for the price commanded, as it moves closer to its target $38 billion asset divestment by the end of 2013.
Spectra Energy has joined the race to export Canada’s natural gas riches with plans to develop a multibillion-dollar pipeline to a proposed export facility near British Columbia’s Pacific coast, the company announced.
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