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Deepwater Horizon spill bill tops $29B

THE US Department of Justice has secured a historic resolution of its claims against BP for the 2010 Deepwater Horizon disaster totalling $US20.8 billion ($A29.37 billion) – the largest in the country's history and, gratefully for the besieged oiler, ends the economic damage associated with claims from regional authorities once and for all.

Anthony Barich
Deepwater Horizon spill bill tops $29B

"Today we are another step closer to finalising the settlement we announced on July 2, fulfilling our commitment to help restore the Gulf economy and environment," BP spokesman Geoff Morrell said. ...

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