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.
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The PM will stress that despite being upbeat on a final settlement being reached, nothing is agreed until everything is agreed.
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