Quantcast
ZME Science
  • News
  • Environment
  • Health
  • Future
  • Space
  • Features
    Menu
    Natural Sciences
    Health
    History & Humanities
    Space & Astronomy
    Technology
    Culture
    Resources
    Natural Sciences

    Physics

    • Matter and Energy
    • Quantum Mechanics
    • Thermodynamics

    Chemistry

    • Periodic Table
    • Applied Chemistry
    • Materials
    • Physical Chemistry

    Biology

    • Anatomy
    • Biochemistry
    • Ecology
    • Genetics
    • Microbiology
    • Plants and Fungi

    Geology and Paleontology

    • Planet Earth
    • Earth Dynamics
    • Rocks and Minerals
    • Volcanoes
    • Dinosaurs
    • Fossils

    Animals

    • Mammals
    • Birds
    • Fish
    • Reptiles
    • Amphibians
    • Invertebrates
    • Pets
    • Conservation
    • Animals Facts

    Climate and Weather

    • Climate Change
    • Weather and Atmosphere

    Geography

    Mathematics

    Health
    • Drugs
    • Diseases and Conditions
    • Human Body
    • Mind and Brain
    • Food and Nutrition
    • Wellness
    History & Humanities
    • Anthropology
    • Archaeology
    • Economics
    • History
    • People
    • Sociology
    Space & Astronomy
    • The Solar System
    • The Sun
    • The Moon
    • Planets
    • Asteroids, Meteors and Comets
    • Astronomy
    • Astrophysics
    • Cosmology
    • Exoplanets and Alien Life
    • Spaceflight and Exploration
    Technology
    • Computer Science & IT
    • Engineering
    • Inventions
    • Sustainability
    • Renewable Energy
    • Green Living
    Culture
    • Culture and Society
    • Bizarre Stories
    • Lifestyle
    • Art and Music
    • Gaming
    • Books
    • Movies and Shows
    Resources
    • How To
    • Science Careers
    • Metascience
    • Fringe Science
    • Science Experiments
    • School and Study
    • Natural Sciences
    • Health
    • History and Humanities
    • Space & Astronomy
    • Culture
    • Technology
    • Resources
  • Reviews
  • More
    • Agriculture
    • Anthropology
    • Biology
    • Chemistry
    • Electronics
    • Geology
    • History
    • Mathematics
    • Nanotechnology
    • Economics
    • Paleontology
    • Physics
    • Psychology
    • Robotics
  • About Us
    • About
    • The Team
    • Advertise
    • Contribute
    • Privacy Policy
    • Contact
No Result
View All Result
ZME Science

No Result
View All Result
ZME Science

Home → Science → News

BP fined $17.6 billion following 2010’s “reckless” oil spill

Mihai Andrei by Mihai Andrei
September 12, 2014
in Environment, News, Offbeat

A federal judge has called major oil company BP (British Petroleum) “reckless”, and Transocean and Halliburton “negligent” following the major oil spill of 2010.

Image: kris krüg/Wikimedia Commons

The US District Judge Carl Barbier has ruled that BP’s “gross negligence” was the main culprit for the Deepwater Horizon oil spill, which is considered to be the biggest marine disaster in history. The spill claimed 11 lives, resulting in a total discharge estimated at 4.9 million barrels (210 million US gal; 780,000 cubic meters). BP declared the leak closed, but some reports indicate that it is still seeping. The spill area hosts 8,332 species, and several peer reviewed studies and governmental reports have shown that the environmental damage (both in short and the long run) is inestimable.

In 2012, BP accepted criminal responsibility for the spill, and were ordered to pay $4.5 billion, aside for the fine they’ve been ordered to pay now. Judge Barbier said:

 “BP’s conduct was reckless. Transocean’s conduct was negligent. Halliburton’s conduct was negligent.”

All the companies involved have to pay fines – the culpability was divided as follows: 67 percent for BP, 30 percent for Transocean, which is one of the world’s largest offshore drilling contractors, and 3 percent for Halliburton, one of the world’s largest oil field services companies.

“This means that BP will finally be forced to pay what it owes to fix what it broke,” Audubon President and CEO David Yarnold told Cronin. “Is is a long-awaited step toward healing and recovery for the Gulf Coast, its birds and its people. BP said it was above the law; Judge Barbier said the law applies to everyone, even multinational giants.”

BP plans to appeal the decision, claiming that the decision “not supported by the evidence at trial”. The fine puts the company’s future in jeopardy – which is something that over $20 billion in fines should do. But then again – let’s put things into perspective – BP made (in profits) US$ 23.758 billion in 2013 alone – so all this huge fine does is strip the company of a yearly profit.

Was this helpful?


Thanks for your feedback!

Related posts:
  1. British Petroleum fined a record $20.8 billion for oil spill
  2. New oil spill spews 90,000 gallons of crude oil into the Gulf of Mexico
  3. Dr. Oz “miracle green coffee pills” pulled, marketers fined $9 million
  4. Disperstants used by BP for oil spill didn’t do much
  5. Oil spill from Syria is close to hitting Cyprus’ shores
Tags: bpdeepwater horizon oil spilloil spill

ADVERTISEMENT
  • News
  • Environment
  • Health
  • Future
  • Space
  • Features
  • Reviews
  • More
  • About Us

© 2007-2021 ZME Science - Not exactly rocket science. All Rights Reserved.

No Result
View All Result
  • News
  • Environment
  • Health
  • Future
  • Space
  • Features
    • Natural Sciences
    • Health
    • History and Humanities
    • Space & Astronomy
    • Culture
    • Technology
    • Resources
  • Reviews
  • More
    • Agriculture
    • Anthropology
    • Biology
    • Chemistry
    • Electronics
    • Geology
    • History
    • Mathematics
    • Nanotechnology
    • Economics
    • Paleontology
    • Physics
    • Psychology
    • Robotics
  • About Us
    • About
    • The Team
    • Advertise
    • Contribute
    • Privacy Policy
    • Contact

© 2007-2021 ZME Science - Not exactly rocket science. All Rights Reserved.

Don’t you want to get smarter every day?

YES, sign me up!

Over 35,000 subscribers can’t be wrong. Don’t worry, we never spam. By signing up you agree to our privacy policy.

✕
ZME Science News

FREE
VIEW