What was bps fine for the oil spill?

What was bps fine for the oil spill?

The company paid a $4.5 billion dollar criminal penalty – the largest in U.S. history at that time. BP also paid about $15 billion in cleanup costs and another $20 billion in economic damages to companies and individuals harmed by the spill.

Who is responsible for the BP oil spill 2010?

U.S. District Judge Carl Barbier said BP was mostly to blame for the 2010 Gulf of Mexico disaster, which killed 11 people and spewed oil into the water for 87 days. Barbier attributed 67% of the fault to BP, 30% to Transocean, which owned the Deepwater Horizon drilling rig, and 3% to Halliburton, the cement contractor.

What laws were passed after the BP oil spill?

On July 1st, the House passed the SPILL Act, to reform maritime liability laws — Death on the High Seas Act (1920), Jones Act (1920) and the Limitation on Liability Act (1851) — to ensure that the families of those killed or injured in the BP Spill and other such tragedies are justly compensated for their losses.

How did the BP oil spill affect the Gulf of Mexico?

The spill drove a push in science and some changes in regulations, but the dangers of offshore drilling remain. Smoke rises from surface oil being burned by cleanup crews in the Gulf of Mexico after the Deepwater Horizon oil spill in April 2010. The leak pumped out 12 times more oil than the Exxon Valdez spill of 1989.

How did BP handle the oil spill?

Immediately after the explosion, workers from BP and Transocean (the rig operators), and many government agencies tried to control the spread of the oil to beaches and other coastal ecosystems using floating booms to contain surface oil and chemical oil dispersants to break it down underwater.

How is BP responsible for the oil spill?

In September 2014, a U.S. District Court judge ruled that BP was primarily responsible for the oil spill because of its gross negligence and reckless conduct. In April 2016, BP agreed to pay $20.8 billion in fines, the largest corporate settlement in United States history.

What happened in the BP Oil spill 2010?

On April 20, 2010, the Deepwater Horizon oil rig in the Gulf of Mexico exploded, killing 11 people. Two days later, the rig capsized, and the damaged pipe below the rig began spewing oil into the surrounding water.

What caused BP Oil spill 2010?

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.

Why did BP oil spill happen?

The rig capsized and sank on the morning of April 22, rupturing the riser, through which drilling mud had been injected in order to counteract the upward pressure of oil and natural gas. Without any opposing force, oil began to discharge into the gulf.

How did BP get rid of the oil that was spilled into the Gulf?

What happened in the Gulf of Mexico oil spill?

What does BP stand for in Gulf Oil Spill?

BP Stands for Bad Petroleum. Saturday the White House warned BP that it expects the oil giant to pay all damages associated with the disastrous oil leak into the Gulf of Mexico , even if the costs exceed the $75 million liability cap under federal law.

What are the effects of BP oil spill?

The long-term effects of the BP oil spill on exposed cleanup workers produced an increased prevalence of illness symptoms such as shortness of breath, headaches, skin rash, chronic cough, weakness, dizzy spells, painful joints, and chest pain 7 years after their exposure to the oil spill.

What caused the BP spill?

The BP Oil Spill was the most massive oil spill in U.S. history. The cause of the discharge was an explosion on the British Petroleum’s Deepwater Horizon oil rig in the Gulf of Mexico on April 20, 2010.

What is BP Deep Horizon oil spill?

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

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