BP Reaches Settlement in 2010 Gulf Spill Disaster

 

British Petroleum (BP) has reached a settlement agreement in the case of the catastrophic 2010 Gulf of Mexico oil spill, Bloomberg Businessweek reported on Thursday morning. The company will pay $18.7 billion over the next 18 years to settle claims related to the spill. In the years since the April 20, 2010 blowout of the Deepwater…