Prestige oil spill causing great harm to the local fishing industry. The spill is the largest environmental disaster in the history of both Spain and Portugal. The amount of oil spilled was more than the "Exxon Valdez" incident and the toxicity considered higher, because of the higher water temperatures. In 2007 the Southern District of New York dismissed a 2003 lawsuit by the Kingdom of Spain against the American Bureau of Shipping, the international classification society which had certified the "Prestige" as in compliance with rules and laws, because ABS was a "person" per the International Convention on Civil Liability for Oil Pollution
Timeline of the Deepwater Horizon oil spill Coast Guard and other reporting agencies. Price of a barrel of oil (West Texas Intermediate – Cushing, Oklahoma) $84.34 Chris Oynes, offshore drilling director for the MMS, announces a hurried retirement. Timeline of the Deepwater Horizon oil spill The following is a timeline of the "Deepwater Horizon" oil spill (also referred to as the BP oil spill, the Gulf of Mexico oil spill or the Macondo blowout). It was a massive oil spill in the Gulf of Mexico, the largest offshore spill in U.S. history. It was a result of the well blowout that began with the "Deepwater Horizon" drilling