Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Chapala and Ajijic Events Bring a Busy Lake Weekend

Chapala and Ajijic Events Bring a Busy Lake Weekend

Chapala and Ajijic head into a busy lakeside stretch with VinArt, Summer Sound Festival, boat...
Semarnat Clears Riviera Maya Project Near Punta Venado

Semarnat Clears Riviera Maya Project Near Punta Venado

Semarnat authorized a Riviera Maya tourism complex near Punta Venado, raising new questions about coastal...
Los Cabos Blockades Raise Pressure for Faster Talks

Los Cabos Blockades Raise Pressure for Faster Talks

A BCS lawmaker urged faster mediation after Los Cabos road blockades disrupted workers, families, emergency...
El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

Puerto Vallarta approved El Jorullo as its eighth municipal delegation, expanding local representation in a...