Financial Times: BP Wants Settlement Below $15B on 2010 Oil Spill



BP PLC hopes to pay less than $15 billion to settle all penalties with the Department of Justice over the massive oil spill in the Gulf of Mexico two years ago, the Financial Times reported Friday, citing a person familiar with the discussions.

The DOJ, however, wants the company to pay $25 billion and the discussions are accelerating, the person told the newspaper.



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