BUSINESS

BP to settle with US for billions in Gulf oil spill; 2 workers face charges

11/15/2012 08:31 EST | Updated 01/15/2013 05:12 EST
NEW ORLEANS - A person familiar with the deal says oil giant BP has agreed to pay a criminal penalty in the billions of dollars for the 2010 oil spill in the Gulf of Mexico.

The person spoke on condition of anonymity because they were not authorized to speak on the record about the deal.

The person also said two BP employees face manslaughter charges over the death of 11 people in the explosion of the Deepwater Horizon oil rig that triggered the massive spill.

The person said BP will plead guilty to obstruction for lying to Congress about how much oil was pouring out of the ruptured well.