NEW ORLEANS — 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 Clean Water Act 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 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.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info