BP agreed on Thursday to pay the fines to settle legal actions brought by the US over the fatal Gulf of Mexico oil spill.
BP will pay Louisiana, Mississippi, Alabama, Florida, and Texas in addition to $5.5 billion in penalties it agreed to pay to the federal government under the Clean Water Act.
The deal would add at least $10 billion to the $44 billion BP has already incurred in legal and cleanup costs. The payments would be made over 18 years at around $1.1 billion annually .... http://www.presstv.ir