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BP: Difference between revisions
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In June 2010, after a meeting in the White House between President [[Barack Obama]] and BP executives, the president announced that BP would pay $20 billion into a [[Deepwater Horizon Oil Spill Trust|trust fund]] that will be used to compensate victims of the oil spill. BP also set aside $100 million to compensate oil workers who lost their jobs because of the spill.<ref name="NPR - gulf spill fund">{{cite web | url=https://www.npr.org/templates/story/story.php?storyId=127879786 | title=White House: BP Will Pay $20B into Gulf Spill Fund | publisher=[[NPR]]| date=16 June 2010 | access-date=17 February 2014}}</ref><ref name="WSJ - 6-10-10">{{cite news | url=https://www.wsj.com/news/articles/SB10001424052748704198004575310571698602094 | title=BP Agrees to $20 Billion Fund | work=The Wall Street Journal | date=17 June 2010 | access-date=17 February 2014 |author1=Weisman, Jonathan |author2=Chazan, Guy |name-list-style=amp }}</ref> | In June 2010, after a meeting in the White House between President [[Barack Obama]] and BP executives, the president announced that BP would pay $20 billion into a [[Deepwater Horizon Oil Spill Trust|trust fund]] that will be used to compensate victims of the oil spill. BP also set aside $100 million to compensate oil workers who lost their jobs because of the spill.<ref name="NPR - gulf spill fund">{{cite web | url=https://www.npr.org/templates/story/story.php?storyId=127879786 | title=White House: BP Will Pay $20B into Gulf Spill Fund | publisher=[[NPR]]| date=16 June 2010 | access-date=17 February 2014}}</ref><ref name="WSJ - 6-10-10">{{cite news | url=https://www.wsj.com/news/articles/SB10001424052748704198004575310571698602094 | title=BP Agrees to $20 Billion Fund | work=The Wall Street Journal | date=17 June 2010 | access-date=17 February 2014 |author1=Weisman, Jonathan |author2=Chazan, Guy |name-list-style=amp }}</ref> | ||
On 2 March 2012, BP and businesses and residents affected by the spill reached a settlement of roughly 100,000 suits claiming economic losses. BP estimated that the settlement cost more than $9.2 billion.<ref name="2014 appeal fail">{{cite news | url=https://www.reuters.com/article/us-bpspill-ruling-idUSBREA0A04920140111 | title=BP appeal to stop 'fictitious' U.S. oil spill claims fails | date=11 January 2014 | work=Reuters| access-date=18 January 2014}}</ref><ref name=settleAP>{{cite news|title=BP begins to put spill behind it with settlement|first1 =Jonathan | last1 = Fahey | first2 = Chris | last2 = Kahn |date=3 March 2012|newspaper =[[Boston Globe]]|agency= | On 2 March 2012, BP and businesses and residents affected by the spill reached a settlement of roughly 100,000 suits claiming economic losses. BP estimated that the settlement cost more than $9.2 billion.<ref name="2014 appeal fail">{{cite news | url=https://www.reuters.com/article/us-bpspill-ruling-idUSBREA0A04920140111 | title=BP appeal to stop 'fictitious' U.S. oil spill claims fails | date=11 January 2014 | work=Reuters| access-date=18 January 2014}}</ref><ref name=settleAP>{{cite news|title=BP begins to put spill behind it with settlement|first1 =Jonathan | last1 = Fahey | first2 = Chris | last2 = Kahn |date=3 March 2012|newspaper =[[Boston Globe]]|agency=Associated Press|url=https://www.boston.com/news/nation/articles/2012/03/03/bp_begins_to_put_spill_behind_it_with_settlement/|access-date=18 January 2014}}</ref> | ||
In 2015, BP and five states agreed to an $18.5 billion settlement to be used for Clean Water Act penalties and various claims.<ref name=abc020715/> | In 2015, BP and five states agreed to an $18.5 billion settlement to be used for Clean Water Act penalties and various claims.<ref name=abc020715/> | ||
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| title =BP unit accused of price manipulation | | title =BP unit accused of price manipulation | ||
| work = [[NBC News]] | | work = [[NBC News]] | ||
| agency = | | agency = Associated Press | ||
| date = 29 June 2006 | | date = 29 June 2006 | ||
| access-date = 7 September 2012}} | | access-date = 7 September 2012}} | ||