Home BPs Oil Spill Deal Sours as Claims Add Billions to Cost
 

Keywords :   


BPs Oil Spill Deal Sours as Claims Add Billions to Cost

2013-06-05 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: BP Plcs $8 billion settlement with victims of the 2010 Gulf of Mexico spill may have hurt Europes second-largest oil company more than it helped. The company is relying on a U.S. appeals court to rein in awards by the settlements claims administrator for what it considers to be unreasonable demands, such as a $21 million payout to a rice mill 40 miles from the coast whose revenue rose the year of the spill. BP has protested in court filings that administrator Patrick Juneaus interpretation...

Tags: add cost deal claims

Category:Electronics and Electrical

Latest from this category

All news

»
23.114 ver. 6
23.11120
23.11 3rd tour DOUBLE STAR Blu-ray
23.11PSA8_
23.11/nd
23.11
23.11 #49
23.115in1UP
More »