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Friday, July 3, 2015

Environmental security

BP agrees to pay $18.7-billion settlement in Gulf of Mexico oil spill

Deepwater Horizon rig explodes
Five years after the nation’s worst oil spill scarred fragile shorelines along the Gulf of Mexico and sent economies into a tailspin, the British oil company BP has reached an $18.7-billion settlement designed to close one of the most contentious chapters in environmental history.

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