Sale moves company closer to goal of raising $10B to cover spill expenses, bolster financial position. BP - Business - Oil spill - Pakistan - Gulf of Mexico
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- BP record $4bn penalty approved
A US court approves the biggest criminal fine in US history given to British oil giant BP as part of a settlement related to the fatal 2010 Deepwater Horizon disaster. In November, BP said it would pay $4bn (£2.5bn) to the US Department of Justice and agreed to plea guilty to 14 criminal charges. More - BP suspended from new US gov't contracts
BP is being temporarily suspended from new contracts with the U.S. government, the Environmental Protection Agency says. More - Coast Guard: Body Found Near Burned Gulf Oil Rig
Divers hired by the owner of an oil platform in the Gulf of Mexico that caught fire recovered a body in the waters near the site Saturday evening, according to the U.S. Coast Guard and the rig's owner. More - Search for 2 missing after oil rig blast continues
Coast Guard crews continued searching for two workers missing after an explosion and fire aboard a Gulf of Mexico oil rig on Friday that was apparently triggered by workers using a blow torch to cut a pipe. More - Oil rig explodes in Gulf; 2 missing, 4 medevaced
Two people were missing and four people were airlifted to a hospital Friday after an oil rig exploded in the Gulf of Mexico some 17 miles southeast of Grand Isle, La., the U.S. Coast Guard told NBC News. More
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