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BP to pay $20.8 billion over Gulf of Mexico oil spill

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Staff writer ▼ | October 5, 2015
BP will pay $20.8 billion to settle civil suits from the federal government and five states.
Gulf of Mexico
Ecology   Five years of legal fighting
The suits cover violations of the Clean Water Act and natural resources damage claims under the Oil Pollution Act, as well as economic damage claims of the five Gulf states and local governments.

It is the largest settlement with a single entity in the Department of Justice's history.

The final settlement with the US Department of Justice and some US states was significantly higher than a previously announced deal in which BP was set to pay $18.7 billion to resolve claims from government entities.

The deal resolved all civil claims against BP, ending five years of legal fighting over the nearly 134-million-gallon spill.

Among other requirements, BP will be forced to pay $5.5 billion in Clean Water Act penalties and nearly 45 billion to five US Gulf states - Alabama, Florida, Louisiana, Mississippi and Texas.