Report: BP says oil spill trial could last years

(AP)? LONDON ? BP chief executive Bob Dudley says the trial over the 2010 oil spill in the Gulf of Mexico could last for years.

Dudley said BP is preparing to be in court for several years, but hopes it can reach agreements on some parts of the case which begins Monday in New Orleans.

Dudley, who took control of BP in 2012 after former chief executive Tony Hayward resigned amid criticism over the way he had handled the oil spill, told the Sunday Telegraph newspaper that the company has prepared for the possibility that the trial will continue until 2014.

The company has set aside $40 billion to deal with fines and associated costs of the disaster.

Source: http://feeds.cbsnews.com/~r/CBSNewsGamecore/~3/sa_5YhahU-E/

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