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The record breaking criminal guilty plea by BP by no means marks the end of the oil company's legal troubles. BP still faces a civil trial in February over its environmental responsibilities from the Gulf oil spill. Last week it pleaded guilty to felony manslaughter in the deaths of 11 rig workers.
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Some who live along the Gulf Coast say the $4.5 billion in criminal and civil penalties aren't enough. Local authorities will continue to press their cases.
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High ranking official, David Rainey, the former head of Gulf of Mexico exploration, will be charged with downplaying the spill to lawmakers. Two others will be charged with manslaughter.
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The bulk will go to the National Fish & Wildlife Foundation, the National Academy of Sciences and at Coast Guard trust fund. The foundation focuses on wildlife conservation and the academy advises the government on science and technology.
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Eleven people were killed and one of the largest environmental disasters in history happened after an oil rig in the Gulf of Mexico exploded in 2010.
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Kurt Mix, a former BP engineer, has been charged with obstruction of justice for allegedly deleting text messages after the spill.
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It's been two years since the Deepwater Horizon exploded in the Gulf of Mexico, killing 11 rig workers and unleashing the worst oil spill in U.S. history. The oil has long stopped flowing and BP has spent billions of dollars cleaning up beaches and waterways — but the disaster isn't necessarily over.
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Two years after the Deepwater Horizon disaster, one issue has received little attention: the oil industry faces a shortage of experienced workers. Some analysts are concerned more inexperienced workers could compromise safety, but the industry says training is more rigorous than ever.
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After a deal was announced late Friday, a federal judge in New Orleans postponed a trial set for next week. The proposed settlement covers only private plaintiffs; BP still faces lawsuits from other companies involved in the disaster, and from the federal and state governments.
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Testimony in one of the most complex environmental lawsuits ever to reach trial is scheduled to begin at the end of the month. Shrimpers, waiters, housekeepers and others have joined in a federal lawsuit to determine who is responsible for the 2010 Gulf oil spill and how to compensate those affected.