Industrial Safety

BP to pay $18.7 billion for Deepwater Horizon oil spill

By The New York Times

Jul 02, 2015

The federal government and the Gulf Coast states have reached a tentative deal with the British oil company BP for it to pay about $18.7 billion, the largest environmental settlement in American history, to compensate for damages from the 2010 Deepwater Horizon oil spill, federal, state and company officials said Thursday.

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