2015 Event British Petroleum (BP) reaches a settlement with U.S. federal, state and local government entities regarding damages from its Deepwater Horizon rig explosion five years ago; BP will pay USD $18 billion through the year 2030 2013 Event Parliamentary elections are held in Monaco, with the the Horizon Monaco alliance winning 50.3% of the vote, securing 20 of 24 seats in the country's National Council 2010 Event BP claims that if the ban on offshore drilling permits continues, it may not be able to pay compensation for the Deepwater Horizon oil spill 2010 Event The U.S. Government estimates the Deepwater Horizon oil spill dumped nearly 5 million barrels of oil into the Gulf of Mexico 2010 Event In volume, BP's Deepwater Horizon oil spill has overtaken Ixtoc I to become the worst oceanic oil spill in U.S. recorded history 2010 Event BP CEO Tony Hayward testifies before the U.S. about the Gulf of Mexico oil disaster at the Deepwater Horizon rig that has caused the worst oil spill in U.S. history 2010 Event The Deepwater Horizon oil spill reaches the Louisiana Coast; weather is projected to impede cleanup efforts 2010 Event Economic losses mount and class action lawsuits are filed as the U.S. Coast Guard plans a controlled burn to remove spilled oil from the Deepwater Horizon disaster 2010 Event The Deepwater Horizon drilling rig that exploded off the coast of Louisiana two days ago, sinks; the wreck is leading crude oil and diesel at an alarming rate 2010 Event BP's Deepwater Horizon offshore oil rig exploded in the Gulf of Mexico 1954 Death James Hilton, English author (Lost Horizon), dies at 54 1938 Birthday Eric Gale, U.S. funk guitarist, Blue Horizon 1924 Birthday Ingeborg E A "Inge" Beekman, actress, Horizon 1920 Event Pulitzer prize awarded to Eugene O'Neill, Beyond the Horizon 1896 Birthday Charles A. L. Panzera, French baritone, L'horizon Chimerique 1492 Event Columbus' ships sites land on the horizon (Bahamas)