Gulf Shores, AL (CNN)-
The Justice Department says BP will pay a record U-S fine to settle
criminal claims from the 2010 Deepwater Horizon oil spill in the Gulf of
Officials with the DOJ say details of the settlement will
be revealed Thursday when Attorney General Eric Holder
joins federal and local officials in New Orleans for an announcement.
London-based oil company said earlier that negotiations with the
Justice Department and the Securities and Exchange Commission were
The company had no further comment.
In April 2010,
an explosion on BP's Deepwater Horizon rig killed 11 workers and fouled
the Louisiana coastline and other parts of the Gulf with millions of
barrels of oil.
It was one of the worst oil spills in history.
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