BP Resolution With DOJ Includes $4 Billion Paid in Installments
This article is for subscribers only.
BP Plc reached a settlement with the U.S. Department of Justice for $4 billion to end all criminal charges relating to the worst U.S. oil spill.
The payments will be made in installments over a period of five years, the London-based company said in a statement today. BP will also pay to $525 million to settle charges with the Securities and Exchange Commission.