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  • Judge approves Transocean's plea deal in oil spilladd to reading list  

    Posted on February 14, 2013 at 7:03 AM

    Updated Thursday, Feb 14 at 11:36 AM

    A federal judge has approved Transocean Ltd.'s agreement with the Justice Department to plead guilty to a misdemeanor charge and pay $400 million in criminal penalties for its role in the 2010 Gulf of Mexico oil spill.

    By MICHAEL KUNZELMAN and KEVIN MCGILL / Associated Press
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