BP agrees to $20 bln escrow for spill claims: NYTimes - Reuters

The Hindu

BP agrees to $20 bln escrow for spill claims: NYTimes Reuters WASHINGTON (Reuters) - BP (BP.L) (BP.N) agreed to President Barack Obama's demand to place about $20 billion in escrow to pay claims resulting from the Gulf of Mexico oil spill, the New York Times reported on Wednesday. (Reporting by Kristin Roberts, ... Obama, demanding action, meets with BP execs Washington Post Obama Vows Spill Fix W »