Tag Archives: tragic-losses

Business as usual? BP Deepwater Horizon partner Anadarko to pay out $45 million dividend

Who cares about a l'il ole disaster, pardner?? Not James Hackett, CEO of Anadarko Petroleum of Texas, BP's second major partner in the ill-fated Macondo oil well that is currently spewing thousands of gallons of oil into the Gulf of Mexico with no end in sight. Undaunted by BP's decision to forego its scheduled $7.8 billion payout to that company's shareholders, Anadarko intends to “share the wealth” despite the tragic losses and devastation being incurred by Gulf coast residents and wildlife. Oh yes, Mr. Hackett also sits on the board of Halliburton, the company that poured the cement for the doomed rig hours before the April 20th explosion. http://looncanada.wordpress.com/2010/06/17/loon-extra-co-owner-of-deepwater-hori… added by: foolforacigarette