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BP agrees to pay 20bn dollars to settle claims with Gulf of Mexico 2010 oil spill

Tuesday, October 6th 2015 - 10:17 UTC
Full article 11 comments

Oil giant BP has agreed to pay $20bn to settle claims with the US stemming from the company's Deepwater Horizon oil spill. An explosion on BP's deep-water drill, off the coast of Louisiana in 2010 killed 11 workers. Read full article


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  • pcIV

    so 20 bn dollars for committing the worst ecological disaster ever, eh?
    the bargain of the century...
    it seems the english companies are not only the most incompetent, but also the luckiest on earth.

    they should be jailed for life.

    Oct 06th, 2015 - 02:40 pm - Link - Report abuse 0
  • Troy Tempest

    @1 is jealous.

    BP has $20b USD, eady cash - far more than Argentina's dubious foreign reserves of $8b USD!!!

    suck it up “PC” - how embarrassing!!

    Oct 06th, 2015 - 03:04 pm - Link - Report abuse 0
  • golfcronie

    You Sir must be Argentinian. BP ceased to be a British company many years ago, so try and keep up with the world.

    Oct 06th, 2015 - 04:42 pm - Link - Report abuse 0
  • Englander

    Exxon Valdes was far worse.
    BP has been scammed by US govt.

    Oct 06th, 2015 - 08:46 pm - Link - Report abuse 0
  • Islander1

    I- Yes you really are a little thicko! BP is a multinational - not been a British Company as such for many years - and has far more AMERICAN Shareholders than British - and its the shareholders who end up paying with no dividends and/or lower share values. American shareholders pay up for a disaster due to crappy American drilling standards - seems fair to me

    Oct 07th, 2015 - 12:28 am - Link - Report abuse 0
  • Hepatia Not true. BP is a company incorporated under the laws of England and Wales, UK. It is totally British.

    This company should have been liquidated and its assets used to provide compensation.

    Oct 07th, 2015 - 01:58 am - Link - Report abuse 0
  • Clyde15

    #6 Hard luck...IT WASN'T

    Oct 07th, 2015 - 05:17 pm - Link - Report abuse 0
  • pcIV

    so bp is not english for you, you dear and deluded and not too bright inhabitants of the islets....
    let's see:

    “BP plc,[5][6] also referred to by its former name British Petroleum, is one of the world's six ”supermajor“ oil and gas companies.[7] It is a British multinational company, headquartered in London, England”

    and the most important part:

    ”BP has been directly involved in several major environmental and safety incidents. Among them were the 2005 Texas City Refinery explosion, which caused the death of 15 workers and resulted in a record-setting OSHA fine; Britain's largest oil spill, the wreck of Torrey Canyon; and the 2006 Prudhoe Bay oil spill, the largest oil spill on Alaska's North Slope, which resulted in a US$25 million civil penalty, the largest per-barrel penalty at that time for an oil spill.[17]
    The 2010 Deepwater Horizon oil spill, the largest accidental release of oil into marine waters in history, resulted in severe environmental, health and economic consequences,[18] and serious legal and public relations repercussions for BP. 1.8 million gallons of Corexit oil dispersant were used in the cleanup response, becoming the largest application of such chemicals in US history.[19] The company plead guilty to 11 counts of felony manslaughter, two misdemeanors, and one felony count of lying to Congress, and agreed to pay more than $4.5 billion in fines and penalties, the largest criminal resolution in US history.[20][21][22]

    Oct 07th, 2015 - 08:07 pm - Link - Report abuse 0
  • Troy Tempest


    What is your point?

    Oct 08th, 2015 - 02:52 am - Link - Report abuse 0
  • pcIV

    isleteer 1 neurone
    “BP is a multinational - not been a British Company as such for many years”

    you are not very bright, ehhh????
    it is a multinational because they have business in several countries.
    but it is a british ultinational, you thicko x 1 billion.

    in the same way techint is an argentine multinational.

    go back to school

    Oct 08th, 2015 - 04:16 pm - Link - Report abuse 0
  • Troy Tempest

    @8 and @10,

    but what is your point??

    There's an oil spill several years ago in the Gulf of Mexico, thousands of miles from Argentina, and it barely registers with the Trolls...

    Now, to make compensation and pay for even MORE cleanup, BP pays $20b, more than twice the amount Argentina has in its reserves, and the Trolls like @8 are righteously indignant!!

    PMSL at those idiots!!

    Oct 08th, 2015 - 11:08 pm - Link - Report abuse 0

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