BP reaches USD 18.7-B settlement with U.S. for 2010 oil spill

July 3, 2015 by · Comments Off on BP reaches USD 18.7-B settlement with U.S. for 2010 oil spill 

WASHINGTON/HOUSTON, July 3 — British multinational company, BP Plc, has agreed in principle to pay up to USD 18.7 billion in penalties to the U.S. federal government and five states to resolve claims arising from the Deepwater Horizon oil spill in the Gulf of Mexico in 2010, said the Department of Justice (DOJ) Thursday.

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