BP has reached an $18.7bn (£12bn) settlement agreement with the US federal government and Gulf Coast states for its role in the Deepwater Horizon spill in the Gulf of Mexico in 2010.
BP disclosed that it has reached agreements in principle with the US federal, state and local governments for a settlement of civil claims arising from the infamous Deepwater Horizon oil spill – the largest environmental disaster in US history. BP is to pay the United States a civil penalty of $5.5bn under the Clean Water…
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