What did the bp oil spill cost

BP Is Paying Big Time for the Gulf Oil Spill. The spill has now cost BP a total of $54.6 billion. 16 Jan 2018 BP said Tuesday that its costs related to the major 2010 oil spill disaster in the Gulf of Mexico grew by $1.7 billion.

12 Feb 2020 The BP Oil Spill in April 2010 released more than 4.9 million barrels of crude in the BP oil spill and had leased it to BP to explore Macondo Prospect. Those fines, plus payments to settle various civil claims, cost BP more  14 Jul 2016 BP PLC said its costs from the deadly 2010 Gulf of Mexico oil spill BP had said it was impossible to estimate the ultimate corporate cost of the  21 Apr 2017 Plenty has been said about the monumental costs of the BP oil spill, which spewed 134 million gallons of oil into ocean. Last year a judge  11 Apr 2019 Our data does not include the oil spill volume We set up the $20-billion Deepwater Horizon Oil Spill Trust for claims and certain other costs,  16 Jan 2018 BP had at that time agreed to make the payments over about two decades, softening the blow on its balance sheet. The company has said it will  30 Apr 2018 By the time the well was capped on July 15, 2010 (87 days later), an estimated 3.19 million barrels of oil had leaked into the Gulf. The well was 

30 Apr 2018 By the time the well was capped on July 15, 2010 (87 days later), an estimated 3.19 million barrels of oil had leaked into the Gulf. The well was 

BP is nearing the end of the $65bn (£47bn) Deepwater Horizon compensation process, it said as it announced an unexpectedly high payout of $1.7bn among the final few hundred outstanding claims. The British oil firm said on Tuesday it would pay the $1.7bn charge in the last quarter of 2017 for court-ordered 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 the Deepwater Horizon oil rig About 1,300 miles (2,100 km) of the U.S. Gulf Coast covered in oil BP and the Department of Justice agreed to a record-setting $4.525 billion in fines and other payments. As of 2018 [update], cleanup costs, charges and penalties had cost the company more than $65 billion. Ownership of the rig itself was by offshore drilling contractor, Transocean, and was leased to BP to explore the Macondo Prospect. Macondo is an oil field off the coast of Louisiana. BP pled guilty to 14 felony charges from the U.S. Department of Justice (DOJ) and paid fines of more than $4 billion on settling

BP Deepwater Horizon costs balloon to $65 billion. LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.

14 Jul 2016 BP PLC said its costs from the deadly 2010 Gulf of Mexico oil spill BP had said it was impossible to estimate the ultimate corporate cost of the  21 Apr 2017 Plenty has been said about the monumental costs of the BP oil spill, which spewed 134 million gallons of oil into ocean. Last year a judge 

BP is nearing the end of the $65bn (£47bn) Deepwater Horizon compensation process, it said as it announced an unexpectedly high payout of $1.7bn among the final few hundred outstanding claims. The British oil firm said on Tuesday it would pay the $1.7bn charge in the last quarter of 2017 for court-ordered

4 Sep 2014 The ruling could potentially cost BP billions more in compensation payments. The 2010 oil spill was the worst in US history, and BP has set aside for this case - an indication the firm had expected a more lenient ruling. BP  9 Sep 2010 The dry technical language and presentation of BP's accident report cannot be allowed to obscure the horror and tragedy of what happened on  30 Apr 2010 The length and breadth of BP's gulf oil spill are still unknown, but reviewing the harm and costs from the Exxon Valdez spill can give us a sense  5 Jul 2010 AFP - BP's costs arising from the devastating oil spill in the Gulf of Mexico have rocketed to 3.12 billion dollars (2.49 billion euros), the company  2 Oct 2015 BP Oil Spill and if the BP Oil Spill had happened in India and Comparative Drawbacks of the plan • Polluter Pays Principle- deals with cost of 

$40 Billion—the reported cost of the BP Gulf Coast oil spill. But the nominal cost of cleaning up a hydrocarbon disaster only reflects a part of the damages, longer term.

5 Jul 2010 AFP - BP's costs arising from the devastating oil spill in the Gulf of Mexico have rocketed to 3.12 billion dollars (2.49 billion euros), the company 

4 Sep 2014 The ruling could potentially cost BP billions more in compensation payments. The 2010 oil spill was the worst in US history, and BP has set aside In its most recent annual report, BP said it had set aside $3.5bn for this  18 Jul 2016 On July 14th, oil giant BP announced that they had finally finished their calculations and the final estimate for costs of the 2010 Deepwater