US Department of Justice reported on resolving claims to oil giant BP for $20.8bn compensation. This is the largest corporate settlement in US history, BBC reports.
The explosion on the Deepwater Horizon rig in the Gulf of Mexico, on 20 April 2015, became one of the worst environmental disasters in American history.
The explosion killed 11 men and saw millions of barrels of oil flow along coastline of several US states for almost three months.
The settlement is significantly higher than a previously announced deal in which BP was set to pay $18.7bn to resolve claims from US government entities.
