BP to pay $4bn for oil spill

Oil giant BP will pay $4 billion (£2.8 billion) over five years for the Gulf of Mexico oil spill. It struck a deal with the US Department of Justice to resolve all federal criminal charges and claims against the Deepwater Horizon incident. The accident in April, 2010 killed 11 workers and the oil well spewed […]

BP’s Deepwater partner pays $90m

One of BP’s partners in the Macondo oil rig disaster is paying $90million (£56.7m) in a settlement with the US authorities. The US Department of Justice said Japanese firm MOEX Offshore 2007 agreed to pay the sum for its part in the spill in April 2010, which was the largest in recorded US history leaking […]