Energy & Fuel

"BP to Pay $18.7 Billion for Deepwater Horizon Oil Spill"

"NEW ORLEANS — An $18.7 billion settlement announced Thursday of all federal, state and local claims against the oil giant BP arising from the 2010 Gulf of Mexico oil spill would be the largest environmental settlement — and the largest civil settlement with any single entity — in the nation’s history, officials said Thursday.

Source: NY Times, 07/03/2015

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