BP In $18.7 Billion Deal To Settle Deepwater Horizon ClaimsMani
BP has reached a settlement with the U.S. government and five states to settle a damages claim from the 2010 Gulf of Mexico oil spill, which will see it pay up to $18.7 billion spread over a period of 18 years.
Mirroring the latest announcement, shares of BP rose 4%, gaining 20 pence to trade at 439 pence in early afternoon trading in London.
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