BP Denies Gross Negligence in Oil Spill Trial

Oil major British Petroleum said will defend itself in court against “excessive” claims regarding the oil spill in the Gulf of Mexico. The company faces charges of gross negligence that the Department of Justice, relevant states and private parties are bringing forward.
BP Denies Gross Negligence in Oil Spill Trial
Vessels work at the site of the Deepwater Horizon accident off the shore of Louisiana in August 2010. (Photo by Win McNamee/Getty Images)
Valentin Schmid
2/19/2013
Updated:
10/1/2015
<a><img class="size-large wp-image-1770385" title="Vessels work at the site of the Deepwater Horizon accident off the shore of Louisiana in August 2010. (Photo by Win McNamee/Getty Images)" src="https://www.theepochtimes.com/assets/uploads/2015/09/103329004.jpg" alt="Vessels work at the site of the Deepwater Horizon accident off the shore of Louisiana in August 2010. (Photo by Win McNamee/Getty Images)" width="590" height="352"/></a>
Vessels work at the site of the Deepwater Horizon accident off the shore of Louisiana in August 2010. (Photo by Win McNamee/Getty Images)

Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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