BP Pleads Guilty to Felony Charges, Hit With Record Fines
In a historic negotiated settlement announced on Nov. 15, BP agreed to plead guilty to felony manslaughter, environmental crimes and obstruction of justice and to pay more than $4 billion in criminal fines and penalties for its conduct leading to the devastating Deepwater Horizon disaster in 2010. The settlement, the largest of its kind in U.S. history, should give a boost to the cleanup and restoration effort in the Gulf of Mexico.