Puerto Vallarta News

Puerto Vallarta News

Report: BP paid off Mexican government with $25 million after major oil spill

Report: BP paid off Mexican government with $25 million after major oil spill

Oil giant BP paid the Mexican government $25.5 million earlier this year to absolve the company of any responsibility for polluting Mexican waters after the Deepwater Horizon disaster in April 2010, Nathaniel Janowitz of BuzzFeed News reports after a two-year investigation.

Why it matters: The payout is relatively small considering BP spent a total of $60 billion in the aftermath of the spill and paid more than $10 billion to United States fishermen and businesses. None of the $25.5 million payment is going to Mexican citizens, Janowitz writes.

The payout was part . . .

Read Full Story

Related Posts

Mexican New Year rituals

Mexican New Year rituals that set the tone for 2026

From grapes and colored underwear to suitcases and lentils, these Mexican New Year rituals are...
Day of the Innocents

Day of the Innocents 2025: Meaning and date in Mexico

Day of the Innocents lands on Dec. 28, 2025. It began as a Catholic remembrance...
Mahahual palapa fire

Mahahual palapa fire leaves Costa Maya businesses reeling

Suspected arson in Mahahual destroyed about 250 beach palapas before dawn. A man was arrested...
Cancún taxi fares

Cancún taxi fares spike as some rides hit 500 pesos

Cancún taxi fares are drawing fresh complaints as locals report holiday surcharges, short trips priced...