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Article updated: 11/15/2012 8:54 PM

BP to pay largest criminal penalty in U.S. history

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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.

Associated Press

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A day of reckoning arrived for BP on Thursday as the oil giant agreed to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record $4.5 billion, including the biggest criminal fine in U.S. history. Three BP employees were also charged, two of them with manslaughter.
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