Comments on: Anadarko is binary option on BP incompetence http://blogs.reuters.com/breakingviews/2010/06/21/anadarko-is-binary-option-on-bp-incompetence/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: thomasgalvin http://blogs.reuters.com/breakingviews/2010/06/21/anadarko-is-binary-option-on-bp-incompetence/comment-page-1/#comment-5887 Mon, 17 Jan 2011 11:35:56 +0000 http://blogs.reuters.com/columns/?p=3331#comment-5887 Binary Options, also known as Digital Options, all-or-nothing options, or Fixed Return Options (FROs), have been available since the middle of 2008, and are simple for any trader – novice or expert, to understand.

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By: neilc23 http://blogs.reuters.com/breakingviews/2010/06/21/anadarko-is-binary-option-on-bp-incompetence/comment-page-1/#comment-2946 Wed, 23 Jun 2010 03:52:02 +0000 http://blogs.reuters.com/columns/?p=3331#comment-2946 Let’s see.

Halliburton poured the cement casing. Hackett is on the Board of Directors for Halliburton.

Question: How much does two and two make?

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By: HotPanini http://blogs.reuters.com/breakingviews/2010/06/21/anadarko-is-binary-option-on-bp-incompetence/comment-page-1/#comment-2940 Tue, 22 Jun 2010 22:24:46 +0000 http://blogs.reuters.com/columns/?p=3331#comment-2940 Who is going to be willing to partner with Anadarko now that they a) hung their JV partner out to dry and b) have this massive financial liability hanging over their head in the meantime. Already it’s clear that BP probably won’t join up with them again, and there’s not that many oil majors out there to form consortiums with.

Exactly what liability does a JV partner take on if not their share of the costs of an accident? Does this hinge on the difference between “negligence” and “gross negligence”? I seriously doubt if BP was operating too far out of the bounds of accepted industry standards (which may well have been lax), and willful misconduct will be difficult to prove w/o a smoking gun.

In short – I’d steer clear of Anadarko, and maybe look at companies that can scoop up their assets.

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By: Toubib http://blogs.reuters.com/breakingviews/2010/06/21/anadarko-is-binary-option-on-bp-incompetence/comment-page-1/#comment-2934 Tue, 22 Jun 2010 11:57:53 +0000 http://blogs.reuters.com/columns/?p=3331#comment-2934 Than you Christopher,

In the light of what hapenned in Nigeria in the last decades living near huge oil spills.

Laws un US is quite different than those of Nigeria.

In the last few years, 175 thousands children dies EACH YEAR of pulmonary diseases. There is a consensus among Public Health Officers, that the main cause of these diseases (Clean-Up team did not have N95 masks and were subjects of intoxication from the fumes) is the oil spills.

I would be surprised that all these ”joint venture” will not be targets to solve the Public Health Costs on top of everything else.

Seems some bad times ahead on these former or actual conglomerates.

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