Inform
BP Clean Water Act liability capped at US$13.7 billion
This report is currently unavailable
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.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
22 August 2016
Can a President Trump deliver on his promise to revitalize the US coal industry?
Insight
Can a President Trump deliver on his promise to revitalize the US coal industry?
If elected President, Donald Trump will find it difficult to revive the coal industry, but there are steps he could take to stabilize it.
$1,10007 November 2018
US GoM deepwater upstream summary
Country Report
US GoM deepwater upstream summary
Introduction The US deepwater Gulf of Mexico (GoM) stretches from the eastern part of the coast of Texas to the western coast of ...
$9,45015 February 2018
Fayetteville shale gas unconventional play
Asset Report
Fayetteville shale gas unconventional play
A detailed analysis of the Fayetteville shale gas unconventional play.
$2,200
