Nine years ago, BP’s Deepwater Horizon drilling rig exploded off the coast of Louisiana, causing the worst oil spill in US history. The disaster on April 20, 2010 killed 11 workers as the BP Global plans to announce in its upcoming second quarter earnings report that it will pay an additional $2.5 billion for the Deepwater Horizon oil spill of 2010, according to The Guardian.The LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion. NEW ORLEANS — An $18.7 billion settlement announced Thursday of all federal, state and local claims against the oil giant BP arising from the 2010 Gulf of Mexico oil spill would be the largest
NEW ORLEANS — An $18.7 billion settlement announced Thursday of all federal, state and local claims against the oil giant BP arising from the 2010 Gulf of Mexico oil spill would be the largest In 2011, one year after the Deepwater Horizon oil spill, BP agreed to provide up to $1 billion toward early restoration projects in the Gulf of Mexico. Since then, the Trustee Council has approved five early restoration plans, encompassing 65 projects at an estimated cost of $866 million.
The Deepwater Horizon disaster is considered by many to be the worst oil spill in US history. The spill occurred when an offshore oil rig exploded in the Gulf of Mexico, dumping 4.9 million The 2010 explosion at the Deepwater Horizon oil rig cost 11 lives and resulted in 4.2m barrels of oil spewing into the Gulf over 87 days, according to the US government. BP argued the volume of the spill was far lower. Barbier eventually ruled BP was responsible for the release of 3.1m barrels. Most Of BP’s $20.8 Billion Deepwater Horizon Fine Is Tax Deductible By Charles Kennedy - Oct 07, 2015, 11:24 AM CDT The U.S. Justice Department touted its historic settlement with BP over charges On April 20, 2010, the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 people and injuring 17. So began an 87-day oil spill that spewed 3.19 million barrels, or nearly 134 million gallons, into the Gulf of Mexico.
16 Nov 2012 fine in US history – US 4.5 billion – for the damages caused by the 2010 explosion and following oil spill at the Deepwater Horizon oil rig in 15 Nov 2012 BP has agreed to plead guilty to criminal charges over the 2010 Deepwater Horizon spill and pay billions in the largest criminal fine of all time, 15 Nov 2012 2010 Deepwater Horizon oil rig explosion led to the largest oil spill in U.S. than $1.25 billion in criminal fines -- the largest such penalty ever.
5 Oct 2015 with BP to Resolve Civil Lawsuit Over Deepwater Horizon Oil Spill well blowout and the massive oil spill that followed in the Gulf of Mexico. and was sentenced to pay $4 billion in criminal fines, penalties and restitution, 17 Apr 2015 BP's potential civil penalties under the Clean Water Act (CWA), which could be considerable, are not yet determined. The natural resources 3 Jul 2015 The 2010 disaster at BP's Deepwater Horizon oil rig caused devastating pollution in the Gulf of Mexico. “This is a realistic solution that provides 15 Nov 2012 The fire at the Deepwater Horizon oil rig Image caption The Deepwater Horizon disaster caused one of the worst oil spills in history. BP has received the biggest criminal fine in US history as part of a $4.5bn (£2.8bn) 15 Jan 2015 Oil giant could face $13.7 billion fine. The Deepwater Horizon oil rig burns in 2010. that petroleum giant BP spilled 3.19 million barrels of oil into the Gulf of Mexico after the 2010 Deepwater Horizon drilling rig explosion.