BP oil spill

Associated Press
FILE - In this Tuesday, Feb. 1, 2011 file picture, BP PLC's CEO Bob Dudley pauses during a results media conference at their headquarters in London. BP is not fully past the Deepwater Horizon disaster, the 2010 explosion that killed 11 workers and led to the largest oil spill in U.S. history. The company has so far set aside $42 billion to pay fines and damages resulting from the spill, and that amount may yet grow. Paying for the spill has forced BP to change. Under Bob Dudley, who became CEO in October 2010, BP has been selling smaller assets while holding onto promising large resources that it hopes to exploit with its expertise in developing large projects. (AP Photo/Alastair Grant)

View gallery

35 photos

The Justice Department and five states on Oct. 5, 2015, announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.

The deal, once approved by a judge, would resolve all civil claims against BP and end five years of legal fighting over the 134 million-gallon spill.

It also would bind the company to a massive cleanup project in the Gulf Coast area aimed at restoring wildlife, habitat and water quality.

"BP is receiving the punishment it deserves, while also providing critical compensation for the injuries that it caused to the environment and the economy of the Gulf region," Attorney General Loretta Lynch said at a Justice Department news conference. (AP)

Find more news related pictures in our photo galleries and follow us on Tumblr!

View Comments (1)