BP Plc reached an agreement with states and the U.S. in the 2010 Gulf of Mexico oil spill case, according to a person with knowledge of the matter.
The terms of the agreement aren’t yet available, the person said. Spokesmen for BP and the Department of Justice declined to comment.
Louisiana, Mississippi, Alabama and Florida sued BP for damages not covered by the company’s earlier settlements with businesses and individuals harmed by the worst offshore spill in U.S. history.
