How BP’s $18.7-Billion Oil-Spill Settlement Could Help the Gulf of Mexico
Oil company BP agreed on 2 July to pay US$18.7 billion to settle civil lawsuits over the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. An estimated 3.19 million barrels of oil poured into the Gulf during the months-long crisis, the largest marine spill in US history.