Deepwater 2010: BP gets record fine for 'catastrophe'

15 November 2012 Last updated at 15:18 ET Help

BP has received the biggest criminal fine in US history as part of a $4.5bn (£2.8bn) settlement related to the fatal 2010 Deepwater Horizon disaster.

Attorney General Eric Holder from the Department of Justice said that BP admitted responsibility ''for the deaths of 11 people, and the events that led to an unprecedented environmental catastrophe''.

''It stands as a testament to the hard work of countless investigators, attorneys, support staff members, and other personnel,'' he added.

Read More

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.