Markey Says BP's Federal Contract Ban Should Stay In Place

Law360, New York (May 10, 2013, 4:11 PM EDT) -- A leading House Democrat said Friday that BP PLC hasn't turned over information detailing how it misled Congress about the amount of oil released during the Deepwater Horizon disaster and urged regulators to keep the company's federal contracts ban in place until it adequately responds.

Rep. Ed Markey, D-Mass., had called on BP CEO Robert Dudley in February to provide full documentation of the decisions that led company executives to lowball their estimate of the rate at which oil gushed from the Macondo well during a...
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