BP loses court appeal and faces further Deepwater Horizon claims

Deepwater Horizon rig in flames

BP has lost an appeal to the US federal appeals court to limit the compensation payouts for the 2010 Deepwater Horizon oil rig disaster in the Gulf of Mexico.

The decision leaves the oil giant open to hundreds of millions, or even billions, of dollars more in claims, according to thisismoney.co.uk.

BP previously reached a $7.8bn settlement with locals who

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