BP (BP) Near Deal with U.S. on Gulf Oil Spill Settlement
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BP (BP) Could Pay 'Tens of Billions' More in Deepwater Horizon Civil Suit
November 16, 2012 9:22 AM EST"Okay, everyone can leave the room. Except for you, BP, you can stay. We're not done with you yet." - the U.S.
Despite entering a $4.5 billion settlement with the U.S. over the 2010 Macondo incident in the Guld of Mexico, which led to one of the... More
BP (BP) to Pay $4 Billion to Settle Criminal Charges with U.S.
November 15, 2012 11:15 AM ESTBP PLC ADS (NYSE: BP) confirms settlement with United States government, subject to court approval, to resolve all federal criminal charges and all claims by the Securities and Exchange Commission (SEC) against the company stemming from the Deepwater Horizon accident, oil spill, and response.
"All of us at BP deeply regret the tragic loss of life caused by the Deepwater Horizon accident as well as the impact of the spill on the Gulf coast region," said Bob Dudley, BP's Group Chief Executive. "From the outset, we stepped up by responding to the spill, paying... More
BP (BP) Confirms Settlement with U.S., Will Pay $4B
November 15, 2012 11:09 AM ESTBP PLC ADS (NYSE: BP) confirms settlement with U.S. government.
As part of its resolution of criminal claims with the U.S. government, BP will pay $4 billion, including $1.256 billion in criminal fines, in installments over a period of five... More
