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BP and a committee representing plaintiffs suing over the 2010 Gulf oil spill have reached an estimated $7.8 billion agreement to settle the lawsuit, company officials said late Friday.
BP on Wednesday sued the maker of the device that failed to stop last year's calamitous Gulf oil spill and the owner of the rig that exploded, alleging that negligence by both helped cause the disaster.
The state of Alabama has filed suit against BP, Transocean and others responsible for the Deepwater Horizon oil spill, according to Alabama Attorney General Troy King.
Senh: I thought BP's oil spill fund for victims would cover this. Apparently not. There'll be lots of lawsuits from cities and states being affected coming then.