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BP oil spill: Penalty ruling from court may be close

A U.S. district judge could be close to deciding the size of the fines BP will take as a result of its oil spill in 2010, according to the New Orleans Times Picayune.

Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010.
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Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010.

U.S. District Judge Carl Barbier was scheduled to meet with lawyers on June 18 to discuss the BP case, but he asked in a "routine filling" for the meeting to be rescheduled until after a ruling, "suggesting he is close to a decision," the Times Picayune reported.

BP faces up to $13.7 billion in fines under the Clean Water Act, in addition to more than $40 billion in spill liabilities.

The explosion of the Deepwater Horizon rig in the Gulf of Mexico in April 2010 resulted in the most devastating oil spill in U.S. history, causing damage to the environment and economy of the U.S. Gulf Coast.

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