BP has been ordered to pay $5.5 billion to settle civil damages claims made by the U.S. as a result of the Deepwater Horizon oil spill. The amount will be paid 4 Apr 2016 Tens of thousands of small sea turtles known as Kemp's ridley died after the disaster — and the number of nests in the region has only continued 20 Apr 2017 Deepwater Horizon oil spill settlements: Where the money went. 1 Number of adult oysters lost to the marketplace because of the Deepwater 16 Jan 2018 Deepwater Horizon and the Gulf oil spill - the key questions answered. Read more. “With the claims facility's work very nearly done, we now
4 Apr 2016 A federal judge on Monday approved a $20.8 billion settlement and BP stemming from the 2010 Deepwater Horizon explosion and oil spill. This website addresses the settlement process for the BP Horizon oil spill in the Gulf of Mexico. 14 Jul 2016 BP has said it has drawn a line under the cost of the 2010 Deepwater Horizon of the oil spill in the Gulf of Mexico, and further payments for some of not included some items, including the full amount of the 2012 settlement. 7 Sep 2018 INSTITUTE INDEX: Economic justice eludes BP's Gulf oil spill cleanup workers Total amount BP has paid out in medical claims: $67 million.
The Deepwater Horizon Spill by the Numbers As days stretched into weeks, then weeks into months, BP's Deepwater Horizon wellhead continued to spew millions of gallons of oil into the Gulf of Mexico. Death Payouts in BP Spill Start at $8 Million. Settlements with families of workers killed in last year's Deepwater Horizon oil-rig explosion are running at $8 million to $9 million so far, a range sharply inflated by companies' interest in avoiding another possible wave of bad publicity from the accident.
15 Nov 2012 BP to Pay Largest Criminal Fine Ever in Oil-Spill Settlement [Updated] Oil burns and creates plumes of smoke near the site of the Deepwater Horizon oil spill A number of the cases have either been settled, dismissed in 2 Jul 2015 Oil giant BP agreed to pay $18.7 billion to the federal government and five spill would reach $53.8 billion upon the approval of the settlement, which “That increased the penalty number,” the official said, “That was hugely 3 Mar 2012 BP statement on the oil spill settlement in full The amount that can be further provided with no net impact to the income statement therefore is
If you or your business were harmed by the Deepwater Horizon oil spill, you may be able to get payments and other benefits from two separate legal settlements with BP. On 16 June 2010, after BP executives met with President Obama, BP announced and established the Gulf Coast Claims Facility (GCCF), a $20 billion fund to settle claims arising from the Deepwater Horizon spill. The BP oil spill settlement holds the company fully accountable to individuals and businesses affected by the spill and requires that they fully satisfy all eligible claims. If you were harmed by the Gulf of Mexico spill, you may still be able to make a claim for compensation. BP has reached a $18.7 billion settlement to end five years of litigation following the devastating 2010 Gulf of Mexico oil spill.It is the largest settlement with a single entity in U.S. history SHARE THIS ARTICLE. Oil floats in the Gulf of Mexico near Orange Beach, Alabama, U.S., on Friday, June 18, 2010. The BP Plc oil spill, which began when the leased Transocean Deepwater Horizon oil rig exploded on April 20, is gushing as much as 60,000 barrels of oil a day into the Gulf of Mexico, the government said.