BP Seeks $3.4 Billion Cut in Potential Oil Spill Fine

BP Plc (BP/) is seeking a reduction of as much as $3.4 billion in the fine it may have to pay for pollution caused by the 2010 Gulf of Mexico oil spill.

The company wants credit for collecting 800,000 barrels of spilled oil, according to a court filing. London-based BP is facing a maximum fine of more than $20 billion.

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