NEWS ARCHIVE

BP hands out Macondo cash

THE BP-led $20 billion Gulf Coast Claims Facility, which was set up in the wake of the Macondo incident, has now paid out more than $5 billion to 204,434 victims.

James McGrath

So far 947,892 claims have been filed with the fund from all 50 states of the US and residents of 36 separate countries, but nearly all of the successful claims came from Florida, Alabama, Louisiana and...

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