Mexico made pact with BP for reduced fine after 2010 oil spill

British Petroleum (BP) reached an agreement with the Mexican government in February to pay a vastly reduced fine for environmental damage following the Deepwater Horizon oil spill in 2010, a watchdog group alleges. The corporate transparency group PODER said yesterday that BP secretly negotiated to pay Mexico US $25.5 million, a tiny fraction of the US $60 billion it paid in compensation in the United States.
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