Gulf states, feds work on Gulf spill settlement offer for BP

02/24/2013 | Wall Street Journal, The

BP would pay about $16 billion to settle Gulf of Mexico oil spill-related charges under a plan being crafted by Gulf Coast states and the Department of Justice, sources familiar with the matter said. The deal would cover payments under the Natural Resources Damage Assessment and possible Clean Water Act penalties owed by the company, the sources said.

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Wall Street Journal, The

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