Transocean Engineer Testifies in BP Trial and 3 More Hot Stocks

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BP (NYSE:BP): An engineer from oil rig construction firm Transocean (NYSE:RIG) testified on Tuesday that BP never explained its decision not to deploy a well-capping method that his team had developed in 2010 to respond to the blowout of the Macondo well that resulted in the Gulf of Mexico spill. He also vocalized his surprise at BP’s decision to pursue alternatives, as it seemed to be a sudden turnaround after days of steady progress.

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