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Updated: 1 week 2 days ago

US ban on BP for new contracts lifted

Sun, 03/16/2014 - 17:22

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Post the oil rig explosion in the Gulf of Mexico in 2010, the United States had placed a ban on the British energy giant BP from applying for new contracts. The current decision to allow BP to apply for the new contracts follows a lawsuit filed by the energy major against the US government for its unjust penalty for the 2010 oil spill.

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