Talisman to buy BP assets
Talisman Energy and Ecopetrol SA announced Tuesday they are teaming up to buy BP oil and gas exploration assets in Colombia for $1.9 billion US.
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.