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Fri, 2011-04-22 10:24Farron Cousins
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Lawsuits Fly And Fizzle To Mark Anniversary Of Deepwater Horizon Explosion

BP is attempting to shift the blame for last year’s oil geyser in the Gulf of Mexico onto Transocean, the owner of the Deepwater Horizon rig. BP has also announced plans to sue Cameron International, the manufacturer of the blowout preventer on the rig, claiming that the poor design of the blowout preventer led to the device’s failure. In all, BP is seeking $40 billion in damages from the two companies.

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