BP heads for first weekly gain since spill began
BP is heading for its first weekly gain since the Gulf of Mexico oil spill began after relief wells to stop the worst oil spill in US history progressed ahead of schedule.
BP Plc, the UK company battling aa record oil spill in the Gulf of Mexico, agreed to sell assets in North America and Egypt to Apache Corp. for $7 billion as part of its plans to raise cash to fund its liabilities.