Anadarko Petroleum News

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US Sues BP, 8 Other Companies in Gulf Oil Spill

WASHINGTON (Dec. 15) -- The Justice Department on Wednesday sued BP Exploration and Production Inc. and eight other companies in the Gulf oil spill disaster in an effort to recover billions of dollars from the largest offshore spill in U.S. history. The Obama administration's lawsuit asks that the companies be held liable...

Can Oil Skimmed From the Gulf Wind Up in Your Gas Tank?

BATON ROUGE, La. (July 16) -- With a new cap on BP's broken well in the Gulf of Mexico, the oil-spill crisis may be at a turning point, raising questions about oil that's already been spilled and the company's next steps. Here are some questions and answers: Will oil start spilling again? It's too early to know. A cap...

BP Passes the Buck to Oil Well Partners

Though BP has been the evil face of the Gulf oil spill, the company is passing the buck onto its partners in the Macondo well, and there's certainly no shortage of buck to be passed: Last month, BP sent a bill for $272 million to Anadarko Petroleum Corporation, which owns a 25 percent stake in the well, and $111 million to...

Background on Anadarko Petroleum

Anadarko Petroleum Corporation () is one of the world’s largest independent oil and gas exploration and production companies, with approximately 2.3 billion barrels of oil equivalent (BOE) of proved reserves and production of 206 million BOE as of December 31, 2008. Anadarko employs a worldwide workforce of about 4,700. The company is headquartered in The Woodlands, SPD Montgomery County, Texas.

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