Sunday, February 26, 2012

BP Gulf oil spill trial 'delayed'

The trial to decide who was to blame for the Deepwater Horizon oil rig disaster, which was due to start in New Orleans on Monday, has been delayed for a week, reports say.

Talks to try to reach a settlement out of court are continuing.

The rig exploded in the Gulf of Mexico in April 2010, claiming the lives of 11 workers.

BP could be fined $17.6bn (?11.1bn) if a judge rules the firm caused water pollution through gross negligence.

The spill released more than four million barrels of crude oil from BP's Macondo well.

The UK firm is expected to blame its main contactor, Halliburton, which is a fellow defendant.

BP has so far paid out $7.5bn in clean-up costs and compensation.

US President Barack Obama called the spill "the worst environmental disaster the nation has ever faced".

It took 85 days to permanently stop the release of crude oil.

Fellow contractor Transocean, the owner of the Deepwater Horizon rig, is also a defendant in the case.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-17171396

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