BP to pay record $4bn for Deepwater oil disaster

Posted by BusinessGreen: None Given on November 16th, 2012
BusinessGreen: Oil giant BP has been fined a record $4bn and will plead guilty to 14 criminal charges over the Deepwater Horizon disaster, which killed 11 workers and caused the biggest offshore spill in the United States' history. The US Department of Justice yesterday confirmed BP has agreed to plead guilty to felony manslaughter, environmental crimes and obstruction of Congress for actions that led to the disaster. As part of its guilty plea, BP agreed to pay $4bn in criminal fines and penalties, which......

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