5 Oct 2015 Out of the money owed, BP will pay $5.5 billion to cover penalties incurred under the Clean Water Act, the US law that regulates water pollution.

14 Jul 2016 The answer: the $61.6 billion cost to BP of the 2010 oil spill in the Gulf of Mexico. And it triggered a flood of lawsuits and federal penalties. But BP's penalties didn't begin to address the damage done to human life, wildlife , the environment, and the local economy. Here are the details. Worst U.S. Spill  14 Jul 2016 BP said Thursday that it expects the pre-tax cost of its 2010 Deepwater Horizon explosion and oil spill on the Gulf Coast to total $61.6 billion. These penalties are measured in billions of dollars. In the meantime, a multi- billion dollar class action settlement has also resulted from the spill. Actions to recover  5 days ago Payment by oil company BP of $65 billion in compensation to people impacted by the spill; 11 workers killed and 17 injured by the explosion on  26 Feb 2020 April 20, 2010 - An explosion occurs on board the BP-contracted Transocean Ltd. Deepwater Horizon oil rig, releasing approximately 168  26 Sep 2019 [The Mail & Guardian is publishing this article as part of a network of over 300 publications that are sharing journalism on the climate crisis.

These penalties are measured in billions of dollars. In the meantime, a multi- billion dollar class action settlement has also resulted from the spill. Actions to recover 

BP Deepwater Horizon fine capped at $13.8bn Oil company has sold assets worth more than $40bn to pay for fines and liabilities from the 2010 Deepwater Horizon oil spill. This webpage provides information and materials on EPA’s enforcement response to the Deepwater Horizon Oil Spill, settlements with several of the defendants, including the record-setting settlement with BP Exploration & Production for an unprecedented $5.5 billion Clean Water Act penalty and up to $8.8 billion in natural resource damages. Deepwater Horizon oil spill, also called Gulf of Mexico oil spill, largest marine oil spill in history, caused by an April 20, 2010, explosion on the Deepwater Horizon oil rig—located in the Gulf of Mexico, approximately 41 miles (66 km) off the coast of Louisiana—and its subsequent sinking on April 22. On January 16, 2018, BP PLC announced it would take a $1.7 billion charge for expenses related to the 2010 Deepwater Horizon oil spill. It expects cash payments of $3 billion for the year. As of July 14, 2016, BP had spent $61.6 billion in court fees, penalties, and clean-up costs. BP said Thursday that it expects the pre-tax cost of its 2010 Deepwater Horizon explosion and oil spill on the Gulf Coast to total $61.6 billion.. The British oil giant said that figure includes a

But BP's penalties didn't begin to address the damage done to human life, wildlife , the environment, and the local economy. Here are the details. Worst U.S. Spill 

2 Jul 2015 BP set to pay largest environmental fine in US history for Gulf oil spill. This article is more than 4 years old. BP will pay $18.7bn after  12 Feb 2020 The BP Oil Spill in April 2010 released more than 4.9 million barrels of and paid fines of more than $4 billion on settling the case in 2012. 14 Jul 2016 The answer: the $61.6 billion cost to BP of the 2010 oil spill in the Gulf of Mexico. And it triggered a flood of lawsuits and federal penalties. But BP's penalties didn't begin to address the damage done to human life, wildlife , the environment, and the local economy. Here are the details. Worst U.S. Spill  14 Jul 2016 BP said Thursday that it expects the pre-tax cost of its 2010 Deepwater Horizon explosion and oil spill on the Gulf Coast to total $61.6 billion. These penalties are measured in billions of dollars. In the meantime, a multi- billion dollar class action settlement has also resulted from the spill. Actions to recover  5 days ago Payment by oil company BP of $65 billion in compensation to people impacted by the spill; 11 workers killed and 17 injured by the explosion on 

4 Sep 2019 The U.S. Environmental Protection Agency says BP North America must pay a fine of more than $71000 for a diesel spill last year in northeast 

4 Apr 2016 BP has estimated that its costs related to the spill, including its initial cleanup work and the various settlements and criminal and civil penalties,  3 Jul 2015 "No company will ever conduct deep-water drilling in the way that BP did prior to the Gulf oil spill," Uhlman said. The criminal and civil penalties  20 Feb 2015 A US JUDGE has rejected oil giant BP's bid to cut the potential $13.7 billion (€ 12.1 billion) fine it could be hit with for the catastrophic 2010 Gulf  8 Jul 2015 BP, the federal government and five states have reached a tentative declined to hear the company's appeal to allow some oil spill fines to be 

The Deepwater Horizon oil spill (also referred to as the BP oil spill, oil leak, or oil disaster; the Gulf of Mexico oil spill; and the Macondo blowout) is an industrial disaster that began on April 20, 2010, in the Gulf of Mexico on the BP-operated Macondo Prospect, considered to be the largest marine oil spill in the history of the petroleum

30 Dec 2015 The BP oil spill affected thousands of people and businesses in the Gulf (and related fines and cleanup orders from the federal government). 15 Nov 2012 Oil giant British Petroleum announced today that it will pay $4.5 billion Deepwater Horizon spill, and was sentenced to pay $4 billion in fines  4 Apr 2016 BP has estimated that its costs related to the spill, including its initial cleanup work and the various settlements and criminal and civil penalties, 

BP said Thursday that it expects the pre-tax cost of its 2010 Deepwater Horizon explosion and oil spill on the Gulf Coast to total $61.6 billion.. The British oil giant said that figure includes a The Deepwater Horizon oil spill (also referred to as the BP oil spill, oil leak, or oil disaster; the Gulf of Mexico oil spill; and the Macondo blowout) is an industrial disaster that began on April 20, 2010, in the Gulf of Mexico on the BP-operated Macondo Prospect, considered to be the largest marine oil spill in the history of the petroleum NEW ORLEANS BP said Thursday that it will pay $4.5 billion in a settlement with the U.S. government over the disastrous 2010 oil spill in the Gulf of Mexico and plead guilty to criminal charges BP will plead guilty to manslaughter charges stemming from the 2010 Deepwater Horizon explosion and oil spill in the Gulf of Mexico, and agreed to pay $4.5 billion in government penalties Nine years ago, BP’s Deepwater Horizon drilling rig exploded off the coast of Louisiana, causing the worst oil spill in US history. The disaster on April 20, 2010 killed 11 workers as the