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posted: 2/19/2013 1:51 PM

Transocean's $1 billion Gulf oil spill settlement approved

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  • Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon on April 21, 2010.

      Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon on April 21, 2010.
    ASSOCIATED PRESS

 
Bloomberg

Transocean ltd. won court approval of its $1 billion settlement with the u.s. of pollution claims stemming from the 2010 gulf of mexico oil-rig explosion that triggered the biggest u.s. offshore spill.

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