Topic: Rupert Bondy
The Deepwater Horizon oil spill trial got underway Monday. Oil giant BP could face anywhere between $5 billion and $18 billion in fines for its role in the 2010 Deepwater Horizon oil spill.
What once seemed likely – a settlement – now appears off the table as the US prepares to take BP to court in New Orleans on Monday, alleging the company exhibited 'gross negligence' in the lead-up to the Deepwater Horizon disaster in 2010. At stake: $17 billion.