An energy company that invested in the ill-fated Macondo well in the Gulf of Mexico is arguing in court that it should not face steep federal penalties for the 2010 BP oil spill.
The government has suggested a penalty of more $1 billion for Anadarko Petroleum Corp.
Anadarko lawyers argue for a lower fine, noting the company was not involved in operations on the Deepwater Horizon rig, where an explosion killed 11 workers and sent oil spewing into the Gulf for 87 days.
The penalty trial resumed Monday after two weeks of conflicting testimony by witnesses for the U.S. Justice Department and BP. Government lawyers want a penalty against BP at or near an estimated $13.7 billion maximum. BP is arguing for a much lower penalty.
Was this article valuable?
Here are more articles you may enjoy.
Allianz Built An AI Agent to Train Claims Professionals in Virtual Reality
First Brands Judge Approves Examiner to Probe Fraud Allegations
Storm Goretti Batters Europe With Violent Winds, Power Cuts
California Governor Seeks $200M to Replace EV Tax Credits Cut by Trump