BP Agrees to Pay $50 Million Over Pollution Violations

British Petroleum has agreed to pay the state of Texas $50 million to settle allegations of air pollution over a 2005 explosion at its Texas City refinery, according to a statement by the state's Attorney General.

The office of Attorney General Greg Abbott released a statement on Thursday that said the settlement will resolve all claims against the oil company alleged in a 2009 enforcement action.

The settlement does not acknowledge liability on the part of BP, but provides for a $50 million payment to the state to avoid any future litigation.

BP was accused of 72 safety violations over the 2005 explosion, which killed 15 workers and injured over 170 others.

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