BP Settles with Texas Over Pollution Violations After Refinery Explosion

Counsel Financial

In 2005, an explosion at a Texas City BP oil refinery killed 15 and injured more than 170 workers. Now, BP has agreed to pay $50,000,000 to Texas for the unlawful release of air pollution during and after the deadly explosion at its Texas City refinery under the Texas Clean Air Act. The settlement does not acknowledge liability but will help BP avoid future litigation; although, the settlement agreement does not resolve lawsuits or investigations by other agencies, or any future problems at the refinery.

Settlement: $50,000,000