BP and U. S. may be close to a settlement over 2010 oil spill - ABC 33/40 - Birmingham News, Weather, Sports

BP and U. S. may be close to a settlement over 2010 oil spill

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According to several reports, it is possible that, on Thursday, The Department of Justice could announce a settlement with oil giant BP, relating to the company's responsibility for the massive Gulf oil spill in 2010. 

The British oil company said in a statement Wednesday that it is in "advanced talks" with U. S. agencies but no settlement had been reached.

The deal is expected to include BP admitting to negligence that led to the spill, and a payment of fines totaling billions of dollars.  Attorney General Eric Holder may make the announcement himself in New Orleans.

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