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Corporate Events

BP Deepwater Horizon Oil Spill

Product Safety and Operational Crises

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An explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico on April 20, 2010, killed 11 workers and triggered the largest marine oil spill in history, releasing an estimated 4.9 million barrels of crude oil over 87 days before the well was capped. BP faced tens of billions of dollars in cleanup costs, fines and settlements, its CEO Tony Hayward resigned amid public outrage over the company's handling of the crisis, and the disaster prompted sweeping changes to U.S. offshore drilling regulation.

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Event Type
Environmental disaster 1
Event Year
2010 1
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