BP to Settle Gulf of Mexico Oil Spill Claims
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July 3, 2015
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There are reports that BP has reached an agreement with U.S. authorities on the settlement of the 2010 Gulf of Mexico spill. The reports say attorneys general in Louisiana, Mississippi, Alabama and Florida have called news conferences in their respective states at the same time Thursday regarding the spill.

BP faces a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, after a judge ruled that it was smaller than the U.S. government claimed. No details on the terms of the agreement were available and a BP spokesman declined to comment on the report.

The April 20, 2010 rig explosion and spill killed 11 workers and spewed oil for nearly three months on to the shorelines of several states.

Photo: Telegraph

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