Friday, November 16, 2012

BP, U.S. to Announce Deal on Oil Spill

BP PLC said Thursday it is in advanced discussions with the U.S. Department of Justice on a deal that would resolve all criminal charges and claims by the Securities and Exchange Commission in connection with 2010's deadly Deepwater Horizon accident and oil spill.

"No final agreements have yet been reached and any resolutions, if agreed, would be subject to federal court approvals in the United States," ...

Source: http://online.wsj.com/article/SB10001424127887324556304578120140555122104.html?mod=asia_home

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