U.S. fines Transocean $1.4 billion over Gulf oil spill disaster

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“The United States hit drilling rig operator Transocean with $1.4 billion in criminal and civil fines Thursday for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.  Nearly two months after oil giant BP was fined $4.5 billion for its leading role in the disaster, Transocean agreed to plead guilty to violating the Clean Water Act and pay the fines, the Justice Department said.  The firm was ordered to pay $400 million to resolve criminal charges and another $1 billion in civil penalties, partly to fund spill prevention and environmental restoration in the five states hit by the three-month-long spill.”

http://www.rawstory.com/rs/2013/01/03/u-s-fines-transocean-1-4-billion-over-gulf-oil-spill-disaster/

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