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Published on Mar 23, 2012
May 13 (Bloomberg) -- BP Plc is battling a Gulf of Mexico oil spill, is a defendant in more than 100 lawsuits and is testifying before Congress about what caused an April 20 rig explosion and fire. Anadarko Petroleum Corp., which owns a 25 percent stake in London-based BP's Macondo well, may be taking the bigger financial hit. Bloomberg's Erik Schatzker reports. (Source: Bloomberg)