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AGs For 5 States Talk Legal Strategy For Oil Spill

MOBILE, Ala. – (AP) The attorneys general from Alabama, Florida, Mississippi, Louisiana and Texas want BP PLC to sign an agreement spelling out exactly what "legitimate expenses" they'll cover from the spill. Florida AG Bill McCollum said after Sunday's meeting in Mobile, Ala...

BP Agrees To Pay $18.7 Billion To Resolve Claims Over Gulf Oil Spill

NEW ORLEANS — (Mealey’s) BP Exploration & Production Inc. will pay $18.7 billion over the course of 18 years to resolve Clean Water Act (CWA) and natural resource damages claims from the federal government and states of Alabama, Florida, Louisiana, Mississippi and Texas stemming from...