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BP excluded from U.S. Government contracts

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The U.S. Agency for Environmental Protection (EPA) has banned any federal agency from entering into new contracts with British oil giant BP. This administrative penalty is in addition to the judicial sanction for which BP has been ordered to pay $ 4.5 billion in fines and penalties for the Deepwater Horizon oil spill disaster in 2010.

However, current contracts are not affected. Last year BP supplied the Pentagon with more than $ 1 billion worth of fuel.

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