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BP plc (BP) Wants Pollution Fine Reduced by $3.4B for 'Oil Collected'

January 11, 2013 3:00 PM EST Send to a Friend
BP plc (NYSE: BP) is active in late trading Friday amid headlines its looking for a little leniency on its next Gulf of Mexico-related fines.

According to headlines, BP is looking for a $3.4 billion reduction in the potential oil spill pollution fine tied to the 2010 Deepwater Horizon oil rig incident.

BP says it is looking for credit on collecting 800,000 barrels of oil from the Gulf. The energy company is facing a potential fine that is north of $20 billion.

Headlines were tied to a court filing in London.

Shares are down 0.7 percent on the session.




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