BP enters plea in Gulf oil spill criminal case

The company has agreed to plead guilty and pay a record-breaking $4.5 billion fine to settle government investigations into the 2010 Deepwater Horizon oil spill

BP Plc pleaded not guilty on Tuesday to 14 criminal counts in connection with the 2010 Deepwater Horizon oil spill, which killed 11 oil rig workers and poured 4.9 million barrels of oil into the Gulf of Mexico.

The plea is a procedural move, as the company has already agreed to plead guilty to the charges and pay a record-setting $4.5 billion penalty to settle claims brought by the Department of Justice and Securities and Exchange Commission.

Alanna Byrne

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