bp will ‘vigorously defend’ itself over gulf spill case
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

British company facing $21bn litigation

BP will ‘vigorously defend’ itself over Gulf spill case

Egypt Today, egypt today

Egypt Today, egypt today BP will ‘vigorously defend’ itself over Gulf spill case

US government estimates claim 4.9 million barrels contaminated the Gulf
London – Arabstoday

US government estimates claim 4.9 million barrels contaminated the Gulf London – Arabstoday British energy giant BP on Tuesday vowed to "vigorously defend" itself in court next week over US government claims for "excessive" fines linked to the 2010 Gulf of Mexico oil spill disaster. "BP will vigorously defend against gross negligence allegations," the energy giant said ahead of the start of a federal civil trial on Monday.
BP returns to the Louisiana courthouse on February 25 for a mammoth trial consolidating scores of remaining lawsuits stemming from the worst environmental disaster to strike the United States.
The energy major must also still resolve a civil case on environmental fines which could amount to as much as $21bn if gross negligence is found. It also remains on the hook for billions in economic damages, including the cost of environmental rehabilitation.
"We have always been open to settlements on reasonable terms, failing which we have always been prepared to defend our case at trial," said Rupert Bondy, Group General Counsel at BP, in a company statement.
"Faced with demands that are excessive and not based on reality or the merits of the case, we are going to trial,” he said.
"We have confidence in our case and in the legal team representing the company and defending our interests."
The group on Tuesday added that it believed the official US government estimate of 4.9 million barrels of oil spilled into the sea was "overstated" by at least 20 percent.
"BP believes that a figure of 3.1 million barrels should be the uppermost limit of the number of barrels spilled that should be used in calculating a Clean Water Act penalty," it said.
The blast on the BP-leased Deepwater Horizon drilling rig on April 20, 2010 killed 11 people and unleashed millions of barrels of oil into the Gulf, blackening beaches in five states, and crippling tourism and fishing industries.
Last month, a US judge approved a $4.5bn deal in which BP pleaded guilty to criminal charges from the devastating spill.
Source: AFP
 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bp will ‘vigorously defend’ itself over gulf spill case bp will ‘vigorously defend’ itself over gulf spill case



GMT 12:50 2011 Saturday ,09 July

Injured Malaysian opposition leader in hospital

GMT 08:34 2014 Thursday ,06 February

Afghan police kill 1 militant, detain 2

GMT 19:06 2011 Tuesday ,02 August

Danone snaps up nutrition business of Wockhardt

GMT 13:13 2012 Friday ,23 March

Classic cars: BMW 507

GMT 14:54 2016 Thursday ,22 December

Cambodia attracts investment projects worth $1.88b

GMT 11:47 2012 Tuesday ,21 February

Lamborghini aventador beats Igloo every time

GMT 19:14 2011 Friday ,28 October

Barley Patch

GMT 17:18 2017 Wednesday ,15 February

Egyptian TV host Lubna Assal optimistic about future
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday