Written by Jen Finn
November 15, 2012
LONDON - British oil company BP said Thursday it is in advanced talks with U.S. agencies about settling criminal and other claims from the Gulf of Mexico well blowout two years ago.
In a statement, BP said "no final agreement has yet been reached" and that any such deal would still be subject to court approvals. Shares in BP PLC were down 0.8 percent at 422 pence in early trading in London.
BP said the proposed settlement would not include civil claims under the Clean Water Act and other legislation, pending private civil claims and state claims for economic loss.
Read the full story at the Daily Comet>>
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