NEWS ARCHIVE

BP $7.8 billion US oil spill settlement cleared

A US federal judge has approved a $US7.8 billion ($A7.5 billion) settlement with people and Gulf of Mexico businesses that lost money and property due to the 2010 Deepwater Horizon oil spill.

Noel Dyson

BP $7.8 billion US oil spill settlement cleared

According to media reports the deal addresses the bulk of private claims over the spill but does not affect an anticipated tens of billions of dollars in fines and claims from the US government and impacted...

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