BP and Louisiana settle Deepwater Horizon disputes

BP and Louisiana have agreed to resolve two long-running Deepwater Horizon disputes. The deal includes a $350 million early payment and settles remaining coastal lawsuits.

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FILE PHOTO: An illuminated BP logo is seen at a petrol station in Chester-le-Street, Durham, Britain September 23, 2021. REUTERS/Lee Smith/File Photo

BP PLC agreed to pay $350M to the United States state of Louisiana on Friday afternoon, resolving long-running 2010 Deepwater Horizon oil spill disputes.

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