A US judge approved Thursday a $400 million settlement in criminal penalties against the rig operator involved in the 2010 Gulf of Mexico oil spill, the worst environmental disaster in American history.
BP returned to profit with a bang last year, posting net earnings of $23.9 billion on Tuesday as the British energy giant prepares for a criminal trial linked to the US Gulf of Mexico oil spill disaster.
British energy giant BP said on Friday it will receive $250 million (£161 million) from a subcontractor on the Gulf of Mexico oil well which blew out last year, using the money to cover its massive clean-up costs.
