Fallen: BP’s share price has suffered through the Deepwater Horizon disaster
By Rob Davies
Last updated at 10:45 PM on 7th July 2010
BP is set to defy demands by the US Department of Justice to provide it with advance notice of key business decisions, setting the oil major on a collision course with the American authorities.
The DoJ wrote to BPs lawyers last month, calling on the company to inform it at least 30 days in advance of any asset sales, restructuring, acquisitions or mergers.