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

Atlantic sargassum belt triggers early in Riviera Maya

Atlantic sargassum belt triggers early in Riviera Maya

Satellite tracking shows a huge Atlantic sargassum belt as Playa del Carmen sees an unusual...
Survey says tourists feel safe in Los Cabos this season

Survey says tourists feel safe in Los Cabos this season

Exit surveys during peak season found 9 in 10 visitors felt safe in Los Cabos,...
San Miguel de Allende seeks Food and Travel Reader Awards

San Miguel de Allende seeks Food and Travel Reader Awards

With voting ending Jan. 30, San Miguel de Allende is chasing top Food and Travel...
Vendors allege kickbacks in Cancún city permit offices

Vendors allege kickbacks in Cancún city permit offices

Small businesses in Benito Juárez say they’re asked for “mochadas” to speed up or cut...