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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 is to sell assets worth an estimated $1.8 billion as part of series of sales to help pay for damages caused by the explosion on its Deepwater Horizon rig in April, which killed 11 workers and spilled more than 200 million gallons of crude oil into the Gulf of Mexico.
2010-10-18

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

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

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

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