BP is steadily moving past Gulf spill disaster

Deepwater Horizon criminal charges settlement of $4.5 billion will not break British oil company

By: Associated Press - Texarkana Gazette

Associated Press In this Feb. 1, 2011, file picture, BP PLC’s CEO Bob Dudley pauses during a results media conference at their headquarters in London. BP is not fully past the Deepwater Horizon disaster, the 2010 explosion that killed 11 workers and led to the largest oil spill in U.S. histor...

BP’s $4.5 billion settlement of federal criminal charges announced Thursday is a record amount, and a significant sum of money.

Or, looked at another way, it’s less than the $5.5 billion in profit the British oil giant made between June and September of this year. <...

Published: 11/16/2012