Environment News: BP Reaches Plea Agreement Over Gulf Oil Spill

Started by pioneer, November 21, 2012, 08:00:57 PM

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pioneer

November 21, 2012, 08:00:57 PM
BP Reaches Plea Agreement Over Gulf Oil Spill

British oil company BP agreed to pay $4 billion over five years to mostly government environmental agencies, and $525 million to settle claims with the Securities and Exchange Commission. BP will also plead guilty to 11 felony counts of misconduct or neglect related to the deaths of 11 people who died in the accident.

Source: BP Reaches Plea Agreement Over Gulf Oil Spill
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