Settlement reached in oil spill disaster - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Settlement reached in oil spill disaster

Posted: Updated:

It's been three years since the accident that led to the worst offshore oil spill in U.S. history.

Those affected are finally seeing justice served now that a long-awaited settlement has been reached.

Oil giant BP has pleaded guilty to manslaughter charges for the death of 11 rig workers and will pay a record $4 billion in penalties.

A series of government investigations have blamed the 2010, blowout on time-saving, cost-cutting decisions by BP and its partners on the drilling project

The judge in the case says if the case had gone to trial there was a risk of BP getting a much lower fine, one potentially capped by law at $8.2 million.

The Justice Department also reached a separate settlement with rig owner Transocean.

Transocean agreed to plead guilty to a misdemeanor charge of violating the Clean Water Act and pay $1.4 billion in civil and criminal penalties.

The settlements still need to be accepted by a judge.

  • Today's Local News HeadlinesToday's Local NewsMore>>

  • APD searching for stabbing suspects

    APD searching for stabbing suspects

    Sunday, April 20 2014 11:53 PM EDT2014-04-21 03:53:21 GMT
    Amarillo Police are looking for three suspects who are accused of stabbing a man early Sunday morning. They say the victim was at the Sanborn park around 2:30 a.m. when he was approached by the suspects. Officials say the victim was stabbed twice in the abdomen and was transported to the hospital. If you know anything about this incident, call Amarillo Crime Stoppers at 374-4400.
    Amarillo Police are looking for three suspects who are accused of stabbing a man early Sunday morning. They say the victim was at the Sanborn park around 2:30 a.m. when he was approached by the suspects. Officials say the victim was stabbed twice in the abdomen and was transported to the hospital. If you know anything about this incident, call Amarillo Crime Stoppers at 374-4400.
  • Alibates celebrates National Park Week

    Alibates celebrates National Park Week

    Sunday, April 20 2014 11:47 PM EDT2014-04-21 03:47:35 GMT
    There are over 400 national parks in America, one of which is here in our area.This week, the Alibates Flint Quarries National Park is celebrating national park week. Until the 27th, you're invited to stop by our local national park where you can hike, camp and enjoy the wild life. On the 22nd, national parks are honoring Earth Day. They encourage you to stop by and help pick up trash to help keep our parks beautiful.
    There are over 400 national parks in America, one of which is here in our area.This week, the Alibates Flint Quarries National Park is celebrating national park week. Until the 27th, you're invited to stop by our local national park where you can hike, camp and enjoy the wild life. On the 22nd, national parks are honoring Earth Day. They encourage you to stop by and help pick up trash to help keep our parks beautiful.
  • Large donation to help local Ronald McDonald House

    Large donation to help local Ronald McDonald House

    Volunteers from Kohl's donated over a thousand dollars to the Ronald McDonald house of Amarillo, Saturday afternoon.
    Volunteers from Kohl's donated over a thousand dollars to the Ronald McDonald house of Amarillo, Saturday afternoon.