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BP reaches $7.8 billion deal over Gulf of Mexico spill

3 years agoNews : The Coming Crisis

(Reuters) - BP Plc has reached an estimated $7.8 billion deal with businesses suing over the massive 2010 Gulf of Mexico oil spill, the company said on Friday, but the oil giant still faces claims by the U.S. government, Gulf states and drilling partners. U.S. District Judge Carl Barbier, in an order made three days before the case had been due to go to trial, said the proposed terms of the class settlement would be submitted to court for approval.
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