APNewsBreak: BP Gets Record Fine in Gulf Oil Spill

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License (according to Flickr): Attribution License
Oil giant BP has agreed to pay the largest criminal penalty in U.S. history, totaling billions of dollars, for the 2010 oil spill in the Gulf of Mexico, a person familiar with the deal said Thursday. The person, who spoke on condition of anonymity because they were not authorized to speak on the record about the deal, also said two BP employees face manslaughter charges over the death of 11 people in the explosion of the Deepwater Horizon oil rig that triggered the massive spill. The person said BP will plead guilty to obstruction for lying to Congress about how much oil was pouring out of the ruptured well. The person declined to say exactly how much the fine in the billions of dollars would be. BP made a net profit of $5. 5 billion in the third quarter, it reported last month.
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Deepwater Horizon BP PLC oil spill deepwater drilling Clean Water Act crude oil oil industry Exxon Valdez tidal estuaries government oversight Tony Hayward net profit economic loss sea floor drug maker federal judge gas station commercial fishing fine Mexico criminal manslaughter plead Transocean Macondo anonymity soiling Pfizer environmentally-friendly Halliburton blast plaintiffs safer commercials beaches cement month risks legislation pain officials crisis disaster string Louisiana customers wildlife engineers coast strategyPeople:
Nelda Winslette
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Tony Hayward
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Adam Weise
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Company: BP PLC
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Organization: BP
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APNewsBreak: BP agrees to billions in criminal penalty for Gulf spill; 2 workers face charges
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