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BP to pay $7.8 billion to settle Gulf oil spill lawsuit

BP and a committee representing plaintiffs suing over the 2010 Gulf oil spill have reached an estimated $7.8 billion agreement to settle the lawsuit, company officials said late Friday.

 

U.S. Sues BP and Other Companies Over Gulf Spill

The Department of Justice filed a civil lawsuit against nine companies over the oil spill in the Gulf of Mexico.

 

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