BP Plc will appoint an independent mediator to oversee damage claims that arise from the giant oil spill in the Gulf of Mexico, the London-based energy giant said Wednesday.
“We are absolutely committed to a simple, fair claims process that gets funds to people who have been hurt by this disaster as quickly as possible,” BP Chief Executive Tony Hayward said in a statement.
More than 26,000 claims have been submitted to date, resulting in payments of over $36 million, BP said.
(Reporting by Chris Baltimore; Editing by Peter Cooney)
Copyright 2026 Reuters. Click for restrictions.
Was this article valuable?
Here are more articles you may enjoy.
AI’s Impact: Tech and Finance Sectors Losing 28,000 Jobs Monthly
US Decides Against Renewing USMCA, Shifting to Rolling Talks
Flood Re to Cut Insurance Payouts to Richest UK Households
Insurers Avoid $664 Million Hit From Nord Stream Pipeline Blasts