BP to pay massive settlement for Deepwater Horizon spill

Oil giant BP must pay a record USD 20 billion settlement over the 2010 oil spill from the Deepwater Horizon rig, the largest in US history, which caused 11 deaths and devastated miles of coastline
Photo: Øyvind Hagen - Statoil
Photo: Øyvind Hagen - Statoil

A US federal court approved a USD 20 billion settlement over claims relating to the 2010 Deepwater Horizon disaster, which marked the worst oil spill in American history, causing 11 deaths and pouring millions of gallons of oil into the Gulf of Mexico, report several media.

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