U.S. News & World Report | BP's Record Oil Spill Settlement Rises to More Than $20 Billion Bloomberg The value of BP Plc's settlement with the U.S. government and five Gulf states over the Deepwater Horizon oil spill rose to $20.8 billion in the latest tally of costs from the U.S. Department of Justice. The settlement is the largest in the department ... BP fined a record $20.8 billion for oil spill disaster BP Settlement in Gulf Oil Spill Is Raised to $20.8 Billion US, states announce settlement with BP over gulf oil spill |