Published Oct 23, 2026, 5:40 PM ET · Updated 21 days ago · 2 sources

BP, Louisiana agree to Deepwater Horizon settlement payout, resolve coastal cases

reuters
reuters
·
Original Report
INFERY
BP, Louisiana agree to Deepwater Horizon settlement payout, resolve coastal cases

BP announced a ​deal on Friday that provides Louisiana ‌an accelerated, lump-sum $350 million payment to resolve claims over the 2010 Deepwater Horizon oil spill and ​that also settles long-running coastal damage ​litigation by local parishes.