BP admits criminal liability in 2010 spill in Gulf

BP has reached a plea agreement in which it admits criminal liability for the explosion and oil spill at its Macondo well in the Gulf of Mexico in 2010, settling charges including manslaughter and obstruction of justice for $4.5 billion. BP pleaded guilty to 12 felonies and two misdemeanors. Three BP employees could be sentenced to prison if convicted of charges made under a separate criminal complaint by the Justice Department.

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