Reuters: The US government and Gulf Coast states are reportedly considering offering BP Plc a deal under which the company will pay $16bn to settle civil suits stemming from the 2010 Deepwater Horizon disaster.
The deal would cover the company's potential penalties under the Clean Water Act and payments under the natural resources damage assessment, the Wall Street Journal said, citing sources familiar with the discussions. It was unclear if the deal had been formally offered to BP; both the company and...