BP to Write Off $1 Billion on Failed Well

BP said it would write off more than $1 billion in costs related to an unsuccessful Brazilian well, but also said it found a large oil discovery in the deep water Gulf of Mexico.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303773704579265543377592328.html?mod=pls_whats_news_us_business_f

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