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Oil company BP to pay for Gulf of Mexico spill

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Monday, May 3, 2010

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The British oil company BP has said it will pay the cleanup costs from a severe oil spill in the Gulf of Mexico.

In a statement on its website posted earlier today, BP pledged to take responsibility for cleaning up after the Deepwater Horizon oil well ruptured, adding it would pay what it called "legitimate and objectively verifiable" compensation for claims of damage or injury.

"We are responsible, not for the accident, but we are responsible for the oil and for dealing with it and cleaning the situation up," said BP chief executive Tony Hayward on the TV show Good Morning America, claiming the company was not at fault for the collapse of the oil rig itself, whose equipment was provided by another company, Transocean.

Transocean spokesman Guy Cantwell responded by saying: "We will await all the facts before drawing conclusions and we will not speculate."

The Deepwater Horizon exploded on April 20 and killed eleven workers. The cause of the disaster is not known.


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  This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License


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