Will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster

BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster, which caused the worst US offshore oil spill ever. US Attorney General Eric Holder called the deal a "critical step forward" but was adamant that it did not end the criminal investigation of the spill.