BP suspended from new U.S. government contracts

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Reuters:

Earlier this month, BP plead guilty to criminal misconduct in the Gulf of Mexico disaster, the worst oil spill in U.S. history, and agreed to pay record penalties of $4.5 billion.

 

The temporary contract suspension stems from those charges, the EPA said.

 

The company recognized the risk that it could be banned from U.S. government contracts when it agreed earlier this month to plead guilty to criminal charges over the spill, but it said at the time that it had not received any indication that government departments would go ahead with such a ban.

 

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