BP set to pay largest environmental fine in US history for Gulf oil spill
by Dominic Rushe in New York from on (#D3JF)
- BP will pay $18.7bn after the justice department and four states sued
- Money will be divided among states and earmarked for cleanup projects
BP has agreed to pay a record environmental fine of $18.7bn to settle legal actions brought by the US and several states over the fatal 2010 Gulf of Mexico oil spill.
The US justice department, along with the states of Louisiana, Mississippi, Alabama, Texas and Florida, all sued BP for damages not covered by the company's earlier settlements with businesses and individuals harmed by the worst offshore spill in US history.
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