BP’s Guilty Plea For 2010 Gulf Spill Approved By Federal Judge

BP’s Guilty Plea For 2010 Gulf Spill Approved By Federal Judge

chaos-price-of-oil
“Chaos” Price Of Oil, Series. Photo source: ©© Tashland

Excerpts;

BP PLC closed the book on the Justice Department’s criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a federal judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record $4 billion in penalties.

What the plea deal approved by U.S. District Judge Sarah Vance doesn’t resolve, though, is the federal government’s civil claims against BP. The company could pay billions more for environmental damage from its 2010 spill…

Read Full Article, Huffington Post

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