Mitsui News
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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 Mitsui
is one of the largest corporate conglomerates (keiretsu) in Japan and one of the largest publicly traded companies in the world.
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