Posts Tagged ‘legal damages’

BP’s Bill for the World’s Largest Oil spill: $61.6 billion

July 14, 2016

BP’s Bill for the World’s Largest Oil spill: $61.6 billion

On April 20, 2010, a well blowout a mile under the Deepwater Horizon exploration ship sent a surge of oil and gas up to the rig, setting it on fire and killing 11 crew members. The well leaked for 87 days, and 3.19 million barrels of crude oil poured into the Gulf of Mexico. BP just totaled up the amount of legal bills, damage settlements, restoration costs, and fines it has paid to hundreds of lawyers, 400 local governments, thousands of claimants and the federal government, and the tab comes to $61.6 billion.

More:

“BP’s big bill for the world’s largest oil spill reaches $61.6 billion,” Steven Mufson, Washington Post

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