BP to pay record fine in Gulf oil spill; 2 to face manslaughter charges
2012 11 15

From: CBSNews



Oil giant BP said Thursday it has agreed to pay the largest criminal penalty in U.S. history for the 2010 oil spill in the Gulf of Mexico.

The company announced that it will pay $4.5 billion to settle with the federal government. The largest previous corporate criminal penalty assessed by the Department of Justice was the $1.2 billion fine imposed on drug maker Pfizer in 2009.

Meanwhile, a source close to the case confirmed to CBS News Thursday that two BP employees face manslaughter charges over the death of 11 people in the explosion of the Deepwater Horizon oil rig that triggered the massive spill.

The person, who spoke on condition of anonymity because they were not authorized to speak on the record about the deal, also confirmed that BP will plead guilty to obstruction for lying to Congress for its statements on the size of the leak.

Attorney General Eric Holder is in New Orleans and is expected to announce the plea agreement at a press conference later Thursday, CBS News reports.

The Deepwater Horizon rig, 50 miles off the Louisiana coast, sank after the April 20, 2010, explosion. The well on the sea floor spewed an estimated 206 million gallons of crude oil, soiling sensitive tidal estuaries and beaches, killing wildlife and shutting vast areas of the Gulf to commercial fishing.

The spill exposed lax government oversight and led to a temporary ban on deepwater drilling while officials and the oil industry studied the risks, worked to make it safer and developed better disaster plans.

BP’s environmentally-friendly image was tarnished, and independent gas station owners who fly the BP flag claimed they lost business from customers who were upset over the spill. BP chief executive Tony Hayward stepped down after the company’s repeated gaffes, including his statement at the height of the crisis: "I’d like my life back."

[...]


Read the full article at: cbsnews.com







Related Articles


Latest News from our Front Page

13 years ago this man was accused of abusing 18 girls in Rotherham - so why are police only NOW acting on the claims?
2014 09 02
Comment: As this story finally is getting more and more coverage, let’s expose these sick perverts for what they are and get to the root of the problem that enabled horrors like this to not only go unnoticed for such a long time, but also to the heart of why people in law and government denied it and decided to ...
Harvard Professor Noel Ignatiev talks about how to end the White race
2014 09 02
There was some doubt earlier this week as to the validity of the claim in Kevin MacDonald’s article The War Against Whites. We’ll we found something for your guys: Source: youtube.com Not that this is the only one, far from it, this is just a small sample of the barrage of conferences and a well educated cultural marxists that have set their goals ...
Secret underground tunnels of ancient Mesopotamian cult revealed under Ani ruins
2014 09 01
For the first time in history, the academic world is paying attention to the spectacular underground world of Ani, a 5,000-year-old Armenian city located on the Turkish-Armenian border. Hurriyet Daily News reports that scientists, academics, and researchers have just met at a symposium in Kars titled ‘Underground Secrets of Ani’ to discuss the city’s underground world mentioned in ancient ...
A Government Vision Of The Future That Isn’t That Great
2014 09 01
Here’s a report by the UK Ministry of Defense, a document that they’re not hiding - it’s not classified. In fact, they WANT you to read it: the Global Strategic Trends 2045. For your convenience, they’ve even produced a handy video about their dire predictions: They present a warning call for how things are going to be bad in the future. ...
Bad Memories Turned to Happy Ones in Mice Brains
2014 09 01
Memories are often associated with emotions, and these feelings can change through new experiences and over time. Now, using light, scientists have been able to manipulate mice brain cells and turn the animals’ fearful memories into happy ones, according to a new study. Memories are encoded in groups of neurons that are activated together or in specific patterns, but it is ...
More News »