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Justice Department deal reduces BP's Deepwater Horizon fine by $3.4bn
2013-02-20 20:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: BP has shaved $3.4bn off the maximum fine for the 2010 Gulf of Mexico oil disaster. A court order, handed down by a judge in New Orleans, means BP will no longer be liable for a maximum of $21bn in fines at next week's civil trial after a judge ruled the oil company would not have to pay for 810,000 barrels of oil collected at the source of the broken well. The oil company had been facing up to $21bn in fines in the civil case, based on the amount of oil that gushed into the Gulf following...
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