Salvage of the partially sunken MV Flinterstar following a collision with an LNG carrier earlier this week continues off the coast of Belgium as oil spill cleanup wraps up and the inquiry into what happened kicks into high gear. Dutch ship owner Flinter reports that the Flinterstar remains stable and the company has contracted SMIT […] .
Just months after a pipeline rupture dumped 20,000 gallons of oil into the ocean near Santa Barbara, Gov. Jerry Brown on Thursday signed a package of bills aimed at preventing and better responding to future spills. Brown said he signed the bills “in order to more fully protect our inland and coastal...
Norwegian oil major Statoil has reported an oil spilled observed in the North Sea close to a loading buoy at the Statfjord offshore oil field. The oil spill was first reported at 8:30 a.m. Tuesday in the vicinity of the OLS loading buoy. Statoil says that the oil spill was discovered during the loading […] .
Loading of tankers suspended, unclear when it will resume. Oil spilled into the North Sea during the loading of a tanker at Norway's Statfjord field on Thursday, operator Statoil said.
The reckoning has finally come for British Petroleum’s massive 2010 oil spill off the Gulf Coast, with a court settlement of nearly $21 billion related to the disaster. The Washington Examiner reports that the money will be split upShow More Summary
BP will pay a $20.8 billion final settlement to resolve environmental damage claims related to the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The final settlement, announced yesterday by the US Department of Justice and five Gulf states, is about $2 million more than the tentative settlement, announced in July, and is […]
An ominous chart pattern that formed in shares of BP after its 2010 oil spill is now appearing in Volkswagen - and that’s bad news for bulls. ||| London - An ominous chart pattern that formed in shares of BP after its 2010 oil spillShow More Summary
"BP is receiving the punishment it deserves." The post BP Will Pay A Record $20.8 Billion For Its Role In The Gulf Oil Spill appeared first on ThinkProgress.
WASHINGTON (AP) — The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
BP could write off more than $15 billion of a $20.8 billion settlement over its Gulf oil spill, leaving American taxpayers on the hook for over $5 billion.
Fusion, The Gulf Oil Spill Settlement Lets BP Get Away With Not Paying $5.35 Billion in Taxes: In announcing the final $20.8 billion settlement with BP over the 2010 Deepwater Horizon oil spill, Attorney General Loretta Lynch said on Monday, “BP is receiving the punishment it deserves.” What she didn’t...
The federal government on Monday announced the details of a record $20-billion civil settlement with the British oil company BP over the 2010 explosion of the Deepwater Horizon oil rig in the Gulf of Mexico. Atty. Gen. Loretta Lynch called it “the largest settlement with a single entity in American...
British energy giant BP will pay a record $20.8 billion to settle government claims for damages stemming from the deadly 2010 Gulf of Mexico oil spill, US Attorney General Loretta Lynch said Monday. n explosion on the Deepwater Horizon rig killed 11 men off the coast of Louisiana and unleashed 134...
THAT MONEY SOUNDS LIKE VAPORWARE: Report: VW Emissions Scandal Could Cost $86 Billion; If you thought the cost of the BP oil spill in 2010 was bad, this is worse. Funny, everyone acts like it’s American companies that are inconsiderate of the environment, but it’s foreign ones that seem to have the biggest scandals.
The Obama Administration has reached a final settlement with BP in the amount of $20.8 billion over the oil giant’s culpability in the 2010 Deepwater Horizon spill. According to the Wall Street Journal, the Justice Department was close to reaching a BP settlement deal last July. Show More Summary
It's to be hoped that the American taxpaying public is thrilled with the $20.8-billion settlement announced Monday between BP and the Dept. of Justice over the 2010 Deepwater Horizon oil spill. That's because the taxpayers are likely to cover a large portion of BP's bill. Earlier estimates of the...
Deal settles all civil claims against BP, binds company to clean up Gulf Coast area; oil spill washed up on 1,300 miles of shoreline
By Rakteem Katakey, Del Quentin Wilber and Margaret Cronin Fisk (Bloomberg) — The value of BP Plc’s settlement with the U.S. government and five Gulf states over the Deepwater Horizon oil spill rose to $20.8 billion in the latest tally of costs from the U.S. Department of Justice. The settlement is the largest in […] .
BP in $20bn settlement over fatal US oil spillage 5 October 2015 From the section Business Image copyright Reuters Oil giant BP has agreed to pay $20bn (£13.2bn) to settle claims with the US stemming from the company’s Deepwater Horizon oil spill. An explosion on BP’s deep-water drill, off the coast of Louisiana in 2010 […]
The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. Continue reading ? The post U.S., five states announce settlement with BP over gulf oil spill appeared first on PBS NewsHour.