News Headline Summary

BP (BP) seeks USD 3.4bln cut in potential oil spill pollution fine, wants credit for collecting 800,000 barrels of spilled oil

Update details:

- BP face more than USD 20bln maximum fine for 2010 Gulf oil spill which is viewed as the worst oil spill of all time.

Reaction details:

- No immediate reaction in BP shares, last trade at USD 44.68 (-0.73%).

Print 19:50, 11 Jan 2013 - US Equities - Source: Newswires