BP Plc (BP/) appeared in federal court in New Orleans to answer U.S. charges brought over the 2010 Gulf of Mexico oil spill.
A not guilty plea today won’t affect its $4 billion criminal settlement with the federal government. BP announced the settlement with the U.S. Justice Department Nov. 15, agreeing to plead guilty and pay $4 billion to end all criminal charges related to the largest offshore oil spill in U.S. history. Under the plea deal, BP will enter a formal guilty plea at a later hearing.
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