Wednesday, November 28, 2012

United States Temporarily Suspends BP From New Contracts - NYTimes.com

United States Temporarily Suspends BP From New Contracts - NYTimes.com: "WASHINGTON — Government officials have temporarily banned BP from new federal contracts because of the 2010 Deepwater Horizon blowout and oil spill that killed 11 workers and polluted hundreds of miles of Gulf of Mexico shoreline."
The Environmental Protection Agency said Wednesday that it was taking the action because of BP’s “lack of business integrity” demonstrated by the accident and the company’s inability to curb the flow of oil into the gulf. BP pleaded guilty earlier this month to federal criminal charges arising from the disaster and agreed to pay $4.5 billion, including $1.26 billion in criminal penalties.

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