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Transocean Policy Can Cover BP For Spill, Texas Court Told

By Jess Krochtengel (November 21, 2013, 7:47 PM EST) -- BP PLC on Wednesday told the Texas Supreme Court it should be covered by Transocean Ltd.'s $750 million insurance policy for the Deepwater Horizon oil spill, arguing that to rule otherwise would create great uncertainty about oil and gas insurance contracts statewide....

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