BP Suspended From New U.S. Government Contracts
BP is being temporarily suspended from new contracts with the U.S. government, the Environmental Protection Agency says.
Two weeks ago, BP agreed to plead guilty to charges involving the deaths of 11 workers on the Deepwater Horizon oil rig, which exploded and sank in April 2010, setting off the nation’s largest offshore oil spill. BP will also plead guilty to lying to Congress about how much oil was spewing from the blown-out Macondo well
The agency said Wednesday that the suspension is due to BP’s “lack of business integrity as demonstrated by the company’s conduct with regard to the Deepwater Horizon blowout, explosion, oil spill, and response.”
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- Ruling on Field Stands: Philadelphia Eagles Denied Covid-19 Insurance Claim
- Report: Millions of Properties May be Underinsured Due to Multiple Undetected Structures
- Lithium-Ion Batteries – What are the Risks?
- Report: Wearable Technology May Help Workers’ Comp Insurers Reduce Claims
Popular This Month