BP’s Deepwater Horizon bill tops $65bn… Union Carbide still only paid $470m in Bhopal settlement

A story in the Guardian reveals that BP’s Deepwater Horizon bill has now reached $65bn: CLICK

On the plus side, so far as BP is concerned, the latest financial pain for will be offset considerably by rising oil prices as Brent crude has averaged a priced of $54 per barrel last year, up from $44 per barrel in 2016.

Back in 2015, a post on this blog asked the reader to spot the difference between the way BP was being handled with regard to its Deepwater Horizon liabilities and Union Carbide with its own pertaining to Bhopal: CLICK




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