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Anadarko argues against $1B penalty in 2010 Gulf oil spill

4 years 6 months 2 weeks ago Monday, February 02 2015 Feb 2, 2015 February 02, 2015 3:46 PM February 02, 2015 in News
Source: Associated Press
By: Kevin McGill

NEW ORLEANS - A trial to determine how much BP should pay in Clean Water Act penalties for the 2010 Gulf of Mexico oil spill - which could reach $13.7 billion - has ended in New Orleans, but a decision from the judge is not expected for months.

The trial closed Monday after two weeks of testimony and arguments by lawyers for the Justice Department, which is pushing for a high penalty, and BP, which wants a lower figure. Anadarko Petroleum Corp., a minority owner of the ill-fated well, was also part of the proceeding and is fighting the government's push for more than $1 billion in penalties.

The trial ended a bit earlier than expected, in part because a BP financial expert was unavailable to testify.

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