BP Says It Is Near Settlement With U.S. Over Gulf Oil Spill

Start your day with TPM.
Sign up for the Morning Memo newsletter

BP says it is in advanced talks with U.S. agencies in hopes of reaching a settlement on criminal charges and claims related to the company’s Gulf oil spill two years ago, the AP reports:

In a statement, BP said “no final agreement has yet been reached” and that any such deal would still be subject to court approvals. Shares in BP PLC were down 0.8 percent at 422 pence in early trading in London.

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: