BP bears brunt of blame for Deepwater Horizon catastrophe

clock

Report says oil company is 'ultimately responsible' for oil spill but rig contractors also implicated in some areas

A key US federal report (PDF) has focused the blame for the worst offshore oil spill in US history on BP, but criticised its contractors sufficiently for the markets to push up BP's share price. Amid a...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

'Returns on resilience': Climate adaptation investment to unlock 'major' jobs opportunity

'Returns on resilience': Climate adaptation investment to unlock 'major' jobs opportunity

Report argues adaptation measures are 'one of the smartest investments of our time' and could offer 25 per cent annual return rate

clock 16 October 2025 • 4 min read
Study: Annual climate losses rise 10-fold this century to $1.4tr last year

Study: Annual climate losses rise 10-fold this century to $1.4tr last year

BloombergNEF analysis shows UK, Singapore, Canada, and Japan among those best prepared for worsening climate impacts, but global risks are rising fast

James Murray
clock 13 October 2025 • 4 min read
MPs warn awareness of flood risk remains 'dangerously low'

MPs warn awareness of flood risk remains 'dangerously low'

Environmental Audit Committee calls for creation of single national flood reporting and information service to help households and businesses combat rising flood risks

James Murray
clock 13 October 2025 • 4 min read