Inform
| |
2 Pages

BP Clean Water Act liability capped at US$13.7 billion


BP Clean Water Act liability capped at US$13.7 billion

Report summary

The court hearing BP’s Clean Water Act trial has ruled that 3.19 million barrels of oil were released into the Gulf of Mexico, capping the potential penalty at US$13.7 billion. The news is positive for BP and its investors, lowering the maximum penalty by US$3.9 billion (based on the US Government’s 4.19 million barrel claim). We believe that BP has the ability to absorb the maximum potential penalty even following the oil price collapse.  

What's included?

This report includes 1 file(s)

  • BP Clean Water Act liability capped at US$13.7 billion PDF - 967.68 KB 2 Pages, 0 Tables, 1 Figures

Description

This Upstream Oil and Gas Inform report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...