HOUSTON (Reuters) - BP Plc said on Tuesday that it could cover the costs of the Gulf of Mexico oil spill without selling new shares, despite reports it was talking to government-owned funds in the Middle East about buying a stake to ward off takeover attempts.
The speculation boosted the oil company's shares even as oil from the slick spread to the coast of Texas, which had been the last U.S. Gulf state whose shores were untainted by the environmental disaster.
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