1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

BP ordered to pay $20bn over 2010 oil spill

By:  
 
ENVIRONMENT
A federal judge in the US state of Louisiana has granted final approval to an estimated $20bn settlement over the 2010 BP oil spill in the Gulf of Mexico, resolving years of litigation over what caused one of the biggest ever environmental disasters. The settlement, first announced in July last year, includes $5.5bn in civil Clean Water Act penalties and billions more to cover environmental damage and other claims by the five US states along the Gulf coast, including Texas, Mississippi, ...
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register