BP faces more billion dollar fines
In spite of a settlement of USD 18.7 billion for the oil catastrophe on Deepwater Horizon, BP still has more than 60,000 cases hanging over its head. Without having set enough money aside.
BY MAZ PLECHINGER, ENERGIWATCH
Last week, they finally filled a big part of the BP gap made by the gigantic oil leak in the Gulf of Mexico in 2010. The British oil company agreed to a settlement of USD 18.7 billion with the US government and thus ended the expensive dispute with the authorities. But this is a far cry from stating that the last payment on Deepwater Horizon is now in the past.
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