Sources: Reuters
London-based BP agrees, pending court approval, to pay $US18.7 billion to compensate the United States government and the five Gulf Coast states--Alabama, Florida, Louisiana, Mississippi and Texas--for damages stemming from the 2010 Gulf of Mexico oil spill. The settlement includes a civil penalty of $US5.5 billion under the Clean Water Act. 2015-07-2
U.S. federal magistrate Carl Barbier's ruling caps BP's fine under the Clean Water Act for its 2010 "Deepwater Horizon" oil spill in the Gulf of Mexico at $13.7 billion. 2015-01-16
United States federal judge Carl J. Barbier rules that Deepwater Horizon oil spill compensation fund administrator Ken Feinberg should advise people that he is working for BP. 2011-02-2
BP raises the estimated cost of the Deepwater Horizon oil spill in the Gulf of Mexico to $40 billion. 2010-11-2
CEO Bob Dudley outlines a strategy to rebuild public trust, after the Deepwater Horizon oil spill. 2010-10-25
Admiral Thad Allen of the United States Coast Guard, the man responsible for leading the cleanup of the Deepwater Horizon oil spill, declares that BP's Macondo well is sealed. 2010-09-20
It is revealed that BP chief executive Tony Hayward is negotiating his terms of exit after being negatively criticised by politicians in the United States over his handling of the Deepwater Horizon oil spill in the Gulf of Mexico. 2010-07-25
BP is set to remove the containment cap over the destroyed Deepwater Horizon oil well in the Gulf of Mexico, and replace it with a bigger cap. Oil and gas will spew unrestricted from the well for an estimated four to seven days until the new cap is in place. 2010-07-10
BP chief executive Tony Hayward hands over responsibility for cleaning up the Gulf of Mexico oil spill to senior executive Bob Dudley "effective immediately". 2010-06-23
BP sprays more chemicals into the main massive undersea oil leak in the Gulf of Mexico using a deep-sea robot in an attempt to thin the oil which is rushing up from the seabed at the rate of about 210,000 gallons (795,000 liters) per day. 2010-05-10