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BP plc : BP Wants Settlement Below $15 Billion on 2010 Oil Spill -Financial Times

06/08/2012| 05:32pm US/Eastern
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BP PLC (BP) hopes to pay less than $15 billion to settle all penalties with the Department of Justice over the massive oil spill in the Gulf of Mexico two years ago, the Financial Times reported Friday, citing a person familiar with the discussions.

The DOJ, however, wants the company to pay $25 billion and the discussions are accelerating, the person told the newspaper.

Full story at www.ft.com

Write to nymonitoring@dowjones.com

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