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BP to pay $4.5 billion, plead guilty to manslaughter in Gulf of Mexico oil spill
By Ian Johnston and James Eng, NBC News
Updated at 2:45 p.m. ET: BP will pay approximately $4.5 billion and plead guilty to manslaughter and other criminal charges as part of a settlement with the U.S. government over the deadly Deepwater Horizon rig explosion and massive oil spill in the Gulf of Mexico in 2010, the London-based oil giant and federal officials said Thursday.
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The settlement total, to be paid out over five years, includes more than $1.25 billion in criminal fines -- the largest such penalty ever.
In addition, two BP employees have been indicted on manslaughter charges and a BP executive has been indicted on charges he lied to authorities about his work estimating the Gulf spill rate.
Full 100:
http://usnews.nbcnews.com/_news/2012...oil-spill?lite
By Ian Johnston and James Eng, NBC News
Updated at 2:45 p.m. ET: BP will pay approximately $4.5 billion and plead guilty to manslaughter and other criminal charges as part of a settlement with the U.S. government over the deadly Deepwater Horizon rig explosion and massive oil spill in the Gulf of Mexico in 2010, the London-based oil giant and federal officials said Thursday.
Follow @NBCNewsUS
The settlement total, to be paid out over five years, includes more than $1.25 billion in criminal fines -- the largest such penalty ever.
In addition, two BP employees have been indicted on manslaughter charges and a BP executive has been indicted on charges he lied to authorities about his work estimating the Gulf spill rate.
Full 100:
http://usnews.nbcnews.com/_news/2012...oil-spill?lite