Royal Dutch Shell Plc  .com Rotating Header Image

BP, Anadarko may face billions in fines after spill ruling

Screen Shot 2014-05-22 at 13.24.30Extract from a World Oil News Center article by Margaret Cronin Fisk published 5 June 2014

THE WOODLANDS, Texas (Bloomberg) — BP and Anadarko Petroleum could face billions of dollars in fines after an appeals court ruled they were automatically liable for pollution-law violations as co-owners of the well that blew out and started the 2010 Gulf of Mexico oil spill. The U.S. Court of Appeals in New Orleans on June 4 upheld a lower-court decision that allows the U.S. to seek a maximum fine from London-based BP of $18 billion if it’s found grossly negligent for its actions surrounding the spill. Anadarko, which owned a 25% interest in the well, is facing a maximum penalty of $4.6 billion.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “BP, Anadarko may face billions in fines after spill ruling”

Leave a Comment

%d bloggers like this: