3 March 2012 Updated at 01:32 ET
BP reaches $7.8n deal over Deepwater Horizon oil spill
This was the "the worst environmental disaster" the US had ever seen, the president said
US Oil Spill
Louisiana ruin remains
Counting the cost
Eco-impact still unclear
Timeline: BP oil spill
BP says it has reached a $7.8bn (£4.9bn) deal with the largest group of plaintiffs suing the company over the 2010 Deepwater Horizon oil rig spill.
link-
http://www.bbc.co.uk/news/world-us-canada-17243097