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
Particles in Pluto's haze create a stunning blue tinge around the dwarf planet in an image captured by the New Horizons space mission.
The world’s coral reefs are struggling. Scientists have declared that reefs across the world are facing a “global bleaching event”.
Some of us might be turning the heating on this week as a wind chill and low temperatures sneak in.