-- The financial risk profile of U.K.-domiciled oil and gas major BP PLC
continues to strengthen, despite ongoing material payments related to the
Macondo well oil spill in the Gulf of Mexico in 2010.
-- Material liabilities related to the Gulf of Mexico spill remain
unknown, but we assess the risk of near-term payments exceeding the amounts we
assume in our base-case credit scenario as low.
-- We are therefore revising the outlook on BP to positive from stable
and af
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