BP Seeks $1.9 Billion From Mitsui Unit for Gulf Oil Spill Cleanup Costs

Mitsui & Co.’s oil exploration unit received a $1.9 billion bill from BP for costs involved in cleaning up the Gulf of Mexico oil disaster, the biggest offshore oil spill in U.S. history.
Mitsui Oil Exploration Co., which has a 10 percent stake in the damaged Macondo oil well, received the invoice for costs through to today, the company said in a statement on its website. Mitsui Oil is withholding payment to London- based BP, the statement said.
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Source: Bloomberg