Monday, February 07, 2011

Gulf of Mexico 'to recover from BP spill by end 2012'


The Gulf of Mexico will have largely recovered from the BP oil spill by the end of 2012, the administrator of the $20bn (£12bn) pay-outs fund has said.

Attorney Kenneth Feinberg said that compensation to those who lost revenue from the disaster would be based on this prediction.

Meanwhile, a judge has ruled that Mr Feinberg make clear to claimants that he is not independent from BP.

See full Article.