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BP Paid Off $2.13bn Fines for Texas 2005 Accident

BP Plc has set aside $2.13 billion to settle claims arising from a fatal Texas refinery accident in 2005

BP Plc has set aside $2.13 billion to settle claims arising from a fatal Texas refinery accident in 2005.

The information was first published in British oil giant's annual report published on its website Tuesday.

In addition, BP said it was still in talks with the US Chemical Safety Board on the final recommendations to be drawn from the accident, which killed 15 workers.

BP also said it had settled US derivative shareholders' lawsuits against the company and its directors arising from incidents at its Texas refinery and at its Alaska Prudhoe Bay field.
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