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
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
Admiral Thad Allen, the man in charge of the US Government's efforts to clear up the Deepwater Horizon oil spill, has given clearance for BP to pour cement into its Gulf of Mexico oil well. 2010-08-4
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'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
Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots as fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the United States government and BP have given. 2010-05-16
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