Sources: BBC
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
The United States Department of Justice files papers in court documenting BP's "gross negligence and willful misconduct" over the April 2010 oil spill in the Gulf of Mexico. 2012-09-4
BP and plaintiffs reach an agreement over compensation for the Deepwater Horizon oil spill in the Gulf of Mexico. 2012-03-2
The British oil firm sells its interests in four Gulf of Mexico oil wells to Japanese firm Marubeni, in a wider cash-raising effort that aims to raise 30 billion dollars for compensations related to the oil spill. 2010-10-25
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
Energy company BP announces it is to sell billions worth of assets in Canada, Egypt, Pakistan, United States and Vietnam to part-fund the clean-up cost of the Deepwater Horizon oil spill in the Gulf of Mexico. 2010-07-21
BP reports that no oil is leaking into the Gulf of Mexico from the Deepwater Horizon oil spill for the first time since it began in April. 2010-07-15
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