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BP suspended from new U.S. government contracts(2)

Wed, 11/28/2012 - 5:25am
Reuters

WASHINGTON (Reuters) - The British oil company BP Plc and its affiliates have been suspended from new contracts with the U.S. government due to the criminal charges in the Deepwater Horizon oil spill in 2010, the U.S. Environmental Protection Agency said on Wednesday.

Earlier this month, BP plead guilty to criminal misconduct in the Gulf of Mexico disaster, the worst oil spill in U.S. history, and agreed to pay record penalties of $4.5 billion.

The temporary contract suspension stems from those charges, the EPA said.

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