Oil giant faces potentially enormous compensation bill for environmental damageBP paid $20.8bn settlement in US but so far nothing in Mexico for Gulf oil spillBP is facing another potentially enormous compensation bill from the Deepwater Horizon oil spill after a course action law suit was launched in Mexico for the environmental catastrophe caused in its territory by the fatal disaster.The company recently agreed a final settlement of $20.8bn with US authorities over the damage caused by the 2010 oil spill in the Gulf of Mexico. The settlement – the biggest pollution penalty in US history – was reached after a federal court found the company guilty of gross negligence. Continue reading...
Source: theguardian.com