BP's Deepwater Horizon oil spill of April 2010 woes continue

U.S. Department of Justice has accused British oil giant BP of gross negligence, incompetence and a ‘culture of corporate recklessness’ in the 2010 Gulf of Mexico oil spill – in a legal filing which could result in a massive $25 billion fine. The U.S. Department of Justice is reportedly confident that it has a case against BP
The threat of larger than anticipated compensation payments caused BP’s shares to drop four percent on Wednesday, wiping more than three percent or $4.77 from its market value
>Oil and Gas Press