View topic - $20 BILLION settlement after BP's Gulf of Mexico oil spill

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PostPosted: April 5th, 2016, 11:04 am 
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Judge approves $20BILLION settlement over 2010 BP oil spill in the biggest ever environmental pay out in US history

The $20.8bn settlement has been granted final approval by judge today

An oil rig explosion that killed 11 worker caused the spill in Gulf of
Mexico

Well leaked 134m gallons of crude oil for 87 days until it was capped

Pay out is also largest-ever civil settlement with a single entity

BP estimated costs related to spill, including clean up, will exceed $53bn

It took 87 days to cap BP's runaway well some 5,000 feet below sea level off the coast of Louisiana.



http://www.dailymail.co.uk/news/article ... z44uUD0HIc

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