BP is to pay the biggest criminal fine in US history of $1.26bn, as part of a $4.5bn (£2.8bn) settlement related to the 2010 Deepwater Horizon disaster.
The oil giant plead guilty to a total of 14 criminal charges including 11 relating to the deaths of 11 workers
The previous record fine was held by Pfizer Inc, who paid a $1.3 billion fine in 2009 for a marketing fraud.
More top news
Food prices will rise across the UK unless EU workers are allowed to remain as part of the Brexit negotiations, industry bosses have warned.
A north / south split in conditions tomorrow. Remaining mild
Polluting cars and vans could be permanently blocked from the French metropolis if it keeps to its mayor's recent clean-air commitments.