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BP Set to Pay Largest Environmental Fine in US History for Gulf Oil Spill
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02.07.2015
BP has agreed to pay a record environmental fine of $18.7bn to settle legal actions brought by the US and several states over the fatal 2010 Gulf of Mexico oil spill.
The US justice department, along with the states of Louisiana, Mississippi, Alabama and Florida, all sued BP for damages not covered by the company’s earlier settlements with businesses and individuals harmed by the worst offshore spill in US history.
Last September, judge Carl Barbier, who has overseen the tortuous legal case resulting from the disaster, ruled BP had been “grossly negligent” in its handling of the well. The decision opened up BP to the highest possible fines.
The US justice department, along with the states of Louisiana, Mississippi, Alabama and Florida, all sued BP for damages not covered by the company’s earlier settlements with businesses and individuals harmed by the worst offshore spill in US history.
Last September, judge Carl Barbier, who has overseen the tortuous legal case resulting from the disaster, ruled BP had been “grossly negligent” in its handling of the well. The decision opened up BP to the highest possible fines.
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