November 15, 2012

Oil company BP has arrived at the agreement with U.S. authorities, admitting its guilt for the oil spill in the Gulf of Mexico and agreed to pay a fine of $ 4.5 billion dollars, including $ 525 million dollars, which the company will pay within three years to the Securities and Exchange Commission, 2.744 billion dollars will be received by U.S. Academy of Sciences and the Environmental Fund, 1.26 billion dollars are the criminal penalties. Agreement on civil suits has not been achieved yet.

The accident at the oil platform of Deepwater Horizon in the Gulf of Mexico occurred on April 20, 2010. 11 people were killed as a result of explosion and fire, the platform sank, and about 2.9 - 4.9 million barrels of oil drained out from the damaged oil well into the Gulf waters within four months, which led to the largest environmental disaster in the U.S. and neighboring countries.

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