BP boss in MidEast, more progress on relief well


The action on Thursday was set to move back to the courts with the oil drilling industry going head-to-head with the Obama administration over the White House effort to suspend deepwater oil drilling in the Gulf of Mexico for six months in the wake of the catastrophic well blowout.

Hayward, BP's chief executive, was seen by Reuters with a senior official from another Abu Dhabi fund, and a report said Saudi investors were looking to buy 10 percent to 15 percent of the British oil company.

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