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Guardian: BP's decision to accept a record $4.5bn fine to resolve all criminal charges relating to the Deepwater Horizon blowout in 2010 has taken the total bill – money already paid out or set aside – to $42bn – and the costs could yet escalate further.
The oil group could still find itself open to more than $60bn worth of liabilities if it is found guilty of gross negligence in forthcoming court actions – although analysts suggested that outcome seems less likely after yesterday's agreement.
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BP hopes $4.5bn fine will draw line under Deepwater Horizon disaster
Posted by Washington Post: Juliet Eilperin on November 15th, 2012
Posted in Water Conservation