BP to continue paying fine for oil spill in gulf of Mexico
The US appeal’s court has confirmed the earlier passed decision, according to which British oil and gas corporation BP must continue payment of compensation for oil spill in the Gulf of Mexico in 2010, reported ITAR-TACC.
BP’s lawyers tried to achieve cancelation of the decision, claiming that conditions of the agreement signed between the company and organizations and private persons in 2012, which suffered a material damage from the accident were misinterpreted.
The oil leak in 2010 has led to the explosion, which took lives of 11 people on the platform. Millions of gallons of oil was spilled into the Gulf, causing the evironmental catastrophe. BP has earlier already paid a fine worth $1.2 billion and Halliburton has voluntarily transferred $55 million to the National Fund for Fish and Rare Animals, reported http://www.baltinfo.ru.--0--
Economics
-
The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
-
The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
-
The monopolists of the Azerbaijani internet services market, LLC Aztelekom and LLC Baktelekom, have agreed to raise the minimum monthly internet package price from 18 AZN for 40 Mbps to 25 AZN for 100 Mbps starting August 15. Explaining the new price, these companies want to convince the public that the price has dropped since the internet speed will increase by 2.5 times, thus reducing the cost per Mbps from 45 qapik to 25 qapik. There is no information about the technical innovations in the company that will ensure high traffic speed.
Leave a review