BP to pay $4.5 billion in oil spill settlement; investigation to continue
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Credit: Getty Images
WASHINGTON - JUNE 17: BP Chief Executive Tony Hayward listens to opening statements before the Oversight and Investigations Subcommittee for a hearing on "The Role Of BP In The Deepwater Horizon Explosion And Oil Spill" June 17, 2010 in Washington, DC. BP agreed yesterday to place $20 billion into an escrow account managed by a third party to pay out claims resulting from the oil spill and also said it will not pay out additional dividends to shareholders for the remainder of the year. (Photo by Alex Wong/Getty Images)