BP fine

BP appeals US judge's ruling on size of Gulf oil spill

BP Plc on Monday appealed a federal judge`s finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines.

Feb 24, 2015, 08:53 AM IST

BP ''grossly negligent'' in 2010 US spill, fines could be $18 billion

A US judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly USD18 billion in fines to more than USD42 billion in charges the company took for the worst offshore environmental disaster in US history.

Sep 05, 2014, 09:48 AM IST