The US Department of Justice has reached a settlement with BP over criminal charges relating to the Deepwater Horizon oil spill in 2010, officials familiar with the case have told NBC News.
The settlement is said to include a massive monetary fine and criminal charges.
The announcement will be made by US Attorney General Eric Holder later today in New Orleans.
More top news
Jamie Oliver turned down the offer of playing a hobbit in the movie adaptation of the book by JRR Tolkien, the TV chef has revealed.
Children are being put at risk as 11% of posts for permanent children's social workers remain unfilled, experts have warned.
A Network Rail boss who presided over the Christmas trains chaos will not receive a bonus of more than £300,000 when he leaves in February