STEVE INSKEEP, Host: NPR's business news starts with BP downsizing in the Gulf.</s>STEVE INSKEEP, Host: BP is selling four of its oil fields in the Gulf of Mexico for $650 million. The buyer is a Japanese firm, Marubeni Oil and Gas. This is the latest in a series of sales by BP. Last week, the oil company sold assets in Venezuela and Vietnam worth nearly $2 billion. This is what you do when you're trying to raise $30 billion, the amount that BP wants to raise to pay damage claims stemming from the Deepwater Horizon oil spill in the Gulf six months ago.
BP is selling four of its oil fields in the Gulf of Mexico for $650 million. The buyer is the Japanese firm Marubeni Oil and Gas. BP is trying to raise about $30 billion to pay damage claims stemming from the Deepwater Horizon oil spill in the Gulf six months ago.