Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-01-21 19:35:00

BP FINE UP $13.7 BLN

BP FINE UP $13.7 BLN

The US District Court for the Eastern District of Louisiana ruled under Phase 2 of the MDL 2179 civil trial that 3.19 million bbl of oil were discharged into the Gulf of Mexico during the Macondo deepwater well incident in 2010. BP PLC previously was found negligent in the spill.

That sets the stage for Phase 3, slated to begin Jan. 20, in which the court will determine the company's Clean Water Act (CWA) penalty.

Based on the ruling, BP PLC faces a possible fine of up to $13.7 billion under the CWA, taking into account the maximum penalty of $4,300/bbl. BP claimed 2.45 million bbl were spilled, contrasting from the government's claim of 4.2 million bbl. The government was seeking a maximum penalty of $17.9 billion.

During the penalty proceedings, the court will consider eight statutory factors:

• The violator's efforts to minimize or mitigate the effects of the spill.
• The seriousness of the violation or violations.
• The nature, extent, and degree of success of any efforts of the violator to minimize or mitigate the effects of the discharge.
• The economic impact of the penalty on the violator.
• The economic benefit to the violator, if any, resulting from the violation.
• The degree of culpability involved; any other penalty for the same incident.
• Any history of certain types of prior violations.
• Any other matters as justice may require.

In a statement released following the Phase 2 ruling, BP said it "believes that considering all the statutory penalty factors together weighs in favor of a penalty at the lower end of the statutory range."

ogj.com

Tags: BP, MACONDO, MEXICO,

Chronicle:

BP FINE UP $13.7 BLN
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

BP FINE UP $13.7 BLN
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

BP FINE UP $13.7 BLN
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

BP FINE UP $13.7 BLN
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

All Publications »