Alabama sues BP, Transocean for oil spill damages

13 August 2010 21:25  [Source: ICIS news]

HOUSTON (ICIS)--BP had no comment on Friday on a lawsuit filed against it and Transocean by the state of Alabama, seeking economic and punitive damages from the Gulf of Mexico oil spill.

The lawsuit was filed on Thursday. No specific amount for damages was listed.

Troy King, the state’s attorney general, said a team of economic experts was still working to put an exact figure on losses, but said Alabama believed BP had not accepted enough responsibility for the economic impact.

Prior to the 15 July closure of a sealing cap, an estimated 4.9m bbl of oil had leaked into the Gulf as a result of the 20 April explosion of the Deepwater Horizon offshore rig. BP was operating the rig on lease from Transocean.

Hundreds of lawsuits have been filed against BP seeking damages from the spill. The company said it has already spent over $6bn (€4.7bn) on response costs.

($1 = €0.78)

For more on BP visit ICIS company intelligence
To discuss issues facing the chemical industry go to ICIS connect


By: Ben DuBose
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index