The U.S. government has banned oil giant BP from new drilling contracts over its “lack of business integrity” related to the 2010 Deepwater Horizon explosion, which killed 11 rig workers and released more than 200 million gallons of oil into the Gulf of Mexico. The Environmental Protection agency said Wednesday that BP’s inability to stop the flow of oil after the deadly blowout demonstrated the company’s lack of professional standards. The agency’s decision also follows BP’s November 15 agreement to plead guilty to criminal charges of manslaughter, obstructing Congressional inquiries, and violating environmental rules – charges to which BP agreed ... Read More
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