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BP To Pay $4.5B In Settlement With Justice Dept.- 2 BP Workers Indicted On Manslaughter Charges
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More On BP To Pay $4.5 Billion In Oil Spill Settlement
NEW ORLEANS (AP) - BP said Thursday that it will pay $4.5 billion in a settlement with the U.S. government over the disastrous 2010 oil spill in the Gulf of Mexico and plead guilty to criminal charges related to the deaths of 11 workers and lying to Congress. The day of reckoning comes more than two years after the nation's worst offshore oil spill. The figure includes nearly $1.3 billion in ... Read News
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• Allstate Property and Casualty Insurance Company • Allstate Texas Lloyd’s Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source.First glimpse of gushing oil from Gulf of Mexico spill
UK oil giant BP has released video taken by a remote-controlled camera showing oil and gas gushing out of one of the ruptured pipes nearly 1.5km underwater in the Gulf of Mexico.
The 30-second clip posted on the US Coast Guard website gives the public a first look at the source of the massive oil spill now spreading across the US coast.
The footage shot on May 11 shows the larger of two leaks on the riser of BP's Deepwater Horizon drilling platform, which exploded on April 20, spewing million litres of oil into the sea.
The leaking pipe shown in the video is located approximately 140 metres from the top of a safety device known as the blowout preventer, and rests on the sea floor. (May 13, 2010)
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