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
Deepwater Horizon oil spill and payments to a trust fund had cost the company $42.2 billion. In September 2014, a U.S. District Court judge ruled that BP was primarily responsible for the oil spill because of its gross negligence and reckless conduct. In July 2015, BP agreed to pay $18.7 billion in fines, the largest corporate settlement in U.S. history. How the misuse of categorical exclusion for National Environmental Policy Act (NEPA) compliance relates to this spill is described in Regulatory Capture. The "Deepwater Horizon" was a 10-year-old semi-submersible, mobile, floating, dynamically positioned drilling rig that could operate in waters up to deep. Built