BP plc (BP) Wants Pollution Fine Reduced by $3.4B for 'Oil Collected'
BP plc (NYSE: BP) is active in late trading Friday amid headlines its looking for a little leniency on its next Gulf of Mexico-related fines.
According to headlines, BP is looking for a $3.4 billion reduction in the potential oil spill pollution fine tied to the 2010 Deepwater Horizon oil rig incident.
BP says it is looking for credit on collecting 800,000 barrels of oil from the Gulf. The energy company is facing a potential fine that is north of $20 billion.
Headlines were tied to a court filing in London.
Shares are down 0.7 percent on the session.
According to headlines, BP is looking for a $3.4 billion reduction in the potential oil spill pollution fine tied to the 2010 Deepwater Horizon oil rig incident.
BP says it is looking for credit on collecting 800,000 barrels of oil from the Gulf. The energy company is facing a potential fine that is north of $20 billion.
Headlines were tied to a court filing in London.
Shares are down 0.7 percent on the session.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BP (BP) PT Raised to $43 at Piper Sandler
- Google (GOOGL) Makes Structural Changes to AI Teams to Quicken Progress: CEO
- Nanophase Technologies Corporation (NANX) Announces Successful Litigation Settlement
Create E-mail Alert Related Categories
Insiders' Blog, LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!