Article posted: 11/15/2012 8:41 PM

BP steadily moving beyond Gulf spill disaster

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Under Bob Dudley, who became BP PLC's CEO in October 2010, BP has been selling smaller assets while holding onto promising large resources it hopes to exploit with its expertise in developing large projects.

ASSOCIATED PRESS

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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.