BP claims

Business
4:12 am
Tue December 10, 2013

BP Argues Companies Are Unfairly Cashing In On 2010 Spill

The Deepwater Horizon oil rig burns in the Gulf of Mexico in April 2010.
Gerald Herbert AP

Originally published on Tue December 10, 2013 11:56 am

Oil giant BP is challenging hundreds of millions of dollars in claims that were filed by businesses after the company's 2010 oil spill in the Gulf of Mexico.

The total price tag for BP's oil spill is huge — $42.5 billion. At issue here is a fraction of that — but still a lot of money. BP says $540 million has been awarded to businesses for losses that "are either nonexistent, exaggerated or have nothing to do with the Deepwater Horizon accident."

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