BP seals $7.8 bn settlement in US oil spill

AFP – Oil giant BP said Wednesday it has finalized a $7.8 billion deal to settle thousands of claims from fishermen and others affected by the 2010 Gulf of Mexico oil spill. The settlement, which must still be approved by a judge, will resolve the “substantial majority of eligible private economic loss and medical claims stemming from the Deepwater Horizon accident and oil spill,” BP said in a statement. Read Article

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>