BP Agrees to Record $50.6 Million Fine at Refinery

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BP Plc agreed to pay a record $50.6 million U.S. fine for failing to correct safety shortfalls at a Texas refinery after a 2005 explosion that killed 15 workers, the Occupational Safety and Health Administration said today.

“The size of the penalty rightly reflects BP’s disregard for workplace safety,” Labor Secretary Hilda Solis said on a conference call announcing the agreement. “No one should have to sacrifice their life for their job.”