British Petroleum (BP)

3:55am

Mon November 19, 2012
Law

BP Legal Troubles Persist Over Gulf Spill

Originally published on Tue November 20, 2012 8:38 am

Transcript

LINDA WERTHEIMER, HOST:

This is MORNING EDITION from NPR News. I'm Linda Wertheimer.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

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12:22pm

Thu November 15, 2012
The Two-Way

BP Settlement Of Little Comfort To Some, A 'Down Payment' To Others

Originally published on Thu November 15, 2012 4:36 pm

June 2010: A boom floats in the water as contract workers from BP use skimmers to clean oil from a marsh near Venice, La.
Win McNamee Getty Images

11:45am

Thu November 15, 2012
The Two-Way

Four More BP Employees Will Be Charged In Oil Spill

Originally published on Thu November 15, 2012 3:12 pm

Two sources tell NPR that four more BP employees will be charged in relation to the BP oil spill, which dumped more than 200 million gallons of oil into the Gulf of Mexico in 2010.

The individuals facing manslaughter charges are former BP well managers Donald Vidrine and Robert Kaluza. Another high ranking official, David Rainey, the former head of Gulf of Mexico exploration, will be charged with downplaying the spill to lawmakers. One more lower ranking BP employee will face insider trading charges.

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10:08am

Thu November 15, 2012
The Two-Way

BP's $4 Billion Criminal Penalty: Who Gets The Money?

Originally published on Thu November 15, 2012 12:37 pm

July 2010: Two pelicans sit on booms protecting Queen Bess Island, La., from oil that spilled after the Deepwater Horizon rig exploded in April.
Chris Graythen Getty Images

(We updated this post with more details at 2:25 p.m. ET. Scroll down to see them.)

Now that BP has pleaded guilty and agreed to pay $4 billion in criminal penalties for misconducted related to the 2010 Gulf Oil spill, there's a logical question:

Where does the money go?

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5:49am

Thu November 15, 2012
The Two-Way

BP Pleads Guilty, Will Pay $4 Billion In Criminal Penalties For Gulf Oil Spill

Originally published on Thu November 15, 2012 4:32 pm

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.

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