The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...
Goddard believes that Anadarko’s liability for punitive damages will be capped at $75 million under the rules of the Oil Spill Liability Trust Fund (BP has waived its Trust Fund cap).
However, offshore oceanic impacts are less well understood. The BP oil spill is introducing oil and methane gas into the deep water of the Gulf of Mexico. Previous studies on deepwater drilling ...
More than six years on from the Deepwater Horizon oil spill, BP has finally released a ‘reliable estimate’ of the final bill. Having recently taken steps to resolve all of the outstanding claims ...