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BP returns to court over Deepwater Horizon spill as 11bn in fines loom

2013-09-29 19:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: BP's lawyers will fight attempts to fine the oil giant up to $18bn (11.1bn) over the 2010 Deepwater Horizon disaster, when a new trial opens in New Orleans on Monday. The latest legal battle revolves around the company's efforts to cap its runaway well, and the amount of oil that entered the Gulf of Mexico during the 87-day spill. The trial, expected to last a month, could add up to $18bn in financial penalties to BP's bill for the disaster five times the $3.5bn originally set aside for...

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