Topics

Deepwater Horizon Oil Spill (2010)
BP, found grossly negligent, may face $18 billion in gulf spill fines
BP, found grossly negligent, may face $18 billion in gulf spill fines

Energy giant BP’s willful misconduct and gross negligence led to the worst offshore oil spill in U.S. history, a federal judge said in a ruling Thursday that exposes the company to billions of dollars in civil penalties. The Deepwater Horizon drilling rig, which BP leased and operated, exploded and sank in the Gulf of Mexico in April 2010, killing 11 men and spewing millions of barrels of oil into the ocean until the well was capped in July and finally sealed in September. The ruling from U.S. District Judge Carl Barbier could lead to nearly $18 billion in civil penalties for polluting the gulf. BP had already agreed to pay $4 billion in criminal fines. BP, which also owned the...

Loading