BP is set to plead guilty to criminal charges related to the Deepwater Horizon disaster in 2010 today, sources have told Reuters.
Details of what could be the largest criminal fine in US history is expected to be confirmed by the US Department of Justice later.
The disaster killed eleven workers and led to the release of millions of barrels of crude oil into the Gulf of Mexico.
BP has confirmed that it is in "advanced discussions" with the Justice Department and US. Securities & Exchange Commission.
More top news
The Tunisia attack coroner has denied neglect by TUI and the hotel owners played a role in the deaths, so why are some relatives suing?
The 87-year-old, who broke the four-minute mile, has described the problem of doping in sport as a source of "extreme sadness" for him.
Survey finds many are unaware that penalties will double from tomorrow - but most don't think it will stop dangerous driving.