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October 25, 2007

BP to Spend $370 Million to Settle Safety and Price-Fixing Probes

Michelle Bryner and Kara Sissell

BP has agreed to pay an estimated $370 million to settle three major U.S. investigations into company wrongdoing: safety violations at its Texas City, TX site; propane price-fixing charges; and environmental fines related to leaks at the company’s...

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