BP loses bid to stop paying Gulf of Mexico compensation

BP has lost its bid with the US Supreme Court to stop paying compensation claims while it awaits a review of its settlement in relation to the 2010 Gulf of Mexico oil spill.The company said it would continue to seek a review of the court's overall ruling on compensation."The lifting of the injunction suspending the payment of business economic loss claims will allow hundreds of millions of dollars to be irretrievably scattered to claimants whose losses were not plausibly caused by the Deepwater Horizon accident," said BP spokesman Geoff Morrell, according to the BBC.Lawyers representing the claimants said the ruling would "allow businesses to continue to receive the compensation they're rightly entitled to according to the objective, transparent formulas agreed to by BP".The explosion and oil spill at the Deepwater Horizon rig killed 11 workers in 2010. RD