BP has said it will waive a statutory limitation on liability under the US 1990 Oil Pollution Act (OPA) that could have capped its losses from April's massive oil spill in the Gulf of Mexico at $75mn.
BP has said it will waive a statutory limitation on liability under the US 1990 Oil Pollution Act (OPA) that could have capped its losses from April's massive oil spill in the Gulf of Mexico at $75mn.