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
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 raises the estimated cost of the Deepwater Horizon oil spill in the Gulf of Mexico to $40 billion. 2010-11-2
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
BP starts pumping cement into the Deepwater Horizon oil well in the Gulf of Mexico at the culmination of cleanup efforts for the Deepwater Horizon oil spill. 2010-09-17
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's costs for the massive Gulf of Mexico oil spill reach $3.12 billion, for cleanup, containment, relief well drilling and damage claims. 2010-07-5
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