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U.S. judge approves BP settlement for 2010 Gulf of Mexico oil spill

2016-04-05 05:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Judge Carl Barbier granted final approval on Monday to BP Plc's civil settlement over its 2010 Gulf of Mexico oil spill after it reached a deal in July 2015 to pay up to $18.7 billion in penalties to the U.S. government and five states. "Today's action holds BP accountable with the largest environmental penalty of all time while launching one of the most extensive environmental restoration efforts ever undertaken," U.S. Attorney General Loretta Lynch said in a statement. The company at the...

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