Showing posts with label BP. Show all posts
Showing posts with label BP. Show all posts

Monday, 8 December 2014

BP loses latest US oil spill appeal

The US Supreme Court has rejected oil giant BP's legal challenge to a compensation deal over the 2010 Gulf of Mexico oil spill.
It means BP will have to make the payments that stem from the explosion of the Deepwater Horizon oil rig.
BP argued that the deal meant it could fall prey to inflated or bogus compensation claims.
BP agreed to the compensation deal in 2012, but argues it has been misinterpreted.
BP asked the Supreme Court to consider whether people and businesses seeking payments under the settlement included individuals who had not actually suffered any injury as a result of the oil spill.
The Supreme Court's rejection of this appeal by BP is the