Financial Times: BP Wants Settlement Below $15B on 2010 Oil Spill
by Dow Jones Newswires
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Friday, June 08, 2012
BP PLC hopes to pay less than $15 billion to settle all penalties with the Department of Justice over the massive oil spill in the Gulf of Mexico two years ago, the Financial Times reported Friday, citing a person familiar with the discussions. The DOJ, however, wants the company to pay $25 billion and the discussions are accelerating, the person told the newspaper. Copyright (c) 2013 Dow Jones & Company, Inc. WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
chattree atul | Jun. 11, 2012
The disaster spells not only material loss to the company but to the
ecology as well. but then justice should be done which would serve
as a eyeopener for other concerns engaged in mining activities.
--atul
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