BP, Louisiana Reach Deal to Accelerate Deepwater Horizon Payments

01:09 PM EDT, 10/23/2026 (MT Newswires) -- BP (BP) agreed to make an early payment of about $350 million to Louisiana, accelerating its remaining obligations under the 2015 Deepwater Horizon Economic Damages Settlement, the company said Friday. The agreement also resolves the remaining coastal zone lawsuits involving BP that were brought by Louisiana parishes, bringing the litigation to a close. Price: 51.28, Change: +1.23, Percent Change: +2.45