BP is to appeal $1billion of compensation payments for its Gulf of Mexico oil spill, after lashing out at ‘absurd’ claims by US law firms cashing in on the disaster.
The British oil giant yesterday increased its estimate of the total bill for the 2010 disaster to an eye-watering £27.7billion.
Some £6.3billion of the total is made up of claims by people who say the accident cost them money, many of them fishermen, hoteliers and restaurant owners.
But BP is set to battle ‘fictitious’ claims by ‘greedy’ lawyers looking to use the oil company as a cash machine.
The explosion happened on 20 April 2010 triggering the worst oil spill in US history. BP says it will fight fanciful legal claims over the accident