Category Archives: BP Settlement

Seven Years Later: Where is the BP Settlement Money? – WKRG

WKRG Seven Years Later: Where is the BP Settlement Money?
WKRG
Seven years after the horrific explosion of the Deepwater Horizon oil rig, Alabama is the only one of the five allotted Gulf Coast states that has not started spending its portion of the Revived Economies of the Gulf Coast States Act (RESTORE ACT) on …
Mississippi to spend $50 million oil spill money on 3 projects WPMI Local 15 News April 21, 2017 at 10:58AM
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$8B BP oil spill settlement: Who really reaps the benefits?

OFF THE LOUISIANA COAST---The Premiere Explorer of Venice, La. stands by near a controlled burn of spilled oil from in the Deepwater Horizon/BP oil spill in the Gulf of Mexico June 9, 2010. Coast Guard Photo by Petty Officer First Class John Masson. (Photo by Deepwater Horizon Response)

OFF THE LOUISIANA COAST—The Premiere Explorer of Venice, La. stands by near a controlled burn of spilled oil from in the Deepwater Horizon/BP oil spill in the Gulf of Mexico June 9, 2010. Coast Guard Photo by Petty Officer First Class John Masson. (Photo by Deepwater Horizon Response) (MintPress)—British Petroleum (BP) recently announced it has reached an estimated $7.8 billion settlement with the Plaintiffs’ Steering Committee (PSC) in order to resolve economic loss, property damage and medical claims from the 2010 Deepwater Horizon accident and oil spill in the Gulf of Mexico, pending final approval by U.S. District Judge […]

Tax Windfall for Deepwater Horizon Settlement a ‘Major Coup for BP’


"Making the American taxpayer pick up BP’s bill for cleaning the disastrous Deepwater Horizon spill is an outrage," presidential hopeful Bernie Sanders tweeted on Monday. (Photo: In the six years since BP ‘s catastrophic Deepwater Horizon spill poured millions of gallons of oil into the Gulf of Mexico, environmentalists, Gulf coast residents, and politicians have clamored for justice. But Monday’s historic $20 billion settlement against the oil giant is not what they hoped it would be.

The settlement’s terms are so generous to BP that it amounts to a tax break worth billions—as some observers predicted .

A whopping $15 billion […]

BP to pay $19.5 million settlement in mine pollution case

BP to pay $19.5 million settlement in mine pollution case

Get short URL The abandoned processing facilities at the Anaconda Copper Mine. (Photo by Kelapstick / wikipedia.org) / Wikipedia Nevada residents have been awarded up to a $19.5 million settlement in a class action case that accused a parent company of BP America of leaking toxic chemicals into the soil for decades and covering up the extent of contamination from an abandoned mine.

In a legal battle Atlantic Richfield Co. and its parent BP America Inc. have acknowledged no wrongdoing under the settlement agreement. Both businesses agreed to reimburse $7 million in property damages and $900,000 to a medical monitoring […]

Is The BP Oil Spill Settlement Money Being Well-Spent?


Some $25 billion is headed to the five Gulf states that were devastated in the 2010 BP oil disaster. Just a fraction of the government fines and court settlements have been paid — but not all of it will end up repairing the damaged ecosystem.

Louisiana, which suffered the most damage in the spill, has used the fines and settlements to rebuild its coast , one that was already fragile and disappearing. When it took a direct hit from the BP disaster, oil choked off vegetation that is critical to holding together what land is left.

Fourchon Beach on the Caminada […]

BP in Court To Reclaim Settlement Overpayments

Deepwater Horizons Oil Rig Explosion. Photo: en.wikipedia.org

Deepwater Horizons Oil Rig Explosion. Photo: en.wikipedia.org The shameful actions of petroleum giant BP just continue.

After an explosion on their Deepwater Horizon oil rig, off the coast of Louisiana, killed 11 people and destroyed the businesses of millions of people BP is back in the courts; this time as the plaintiff.

Under the terms of their settlement BP agreed that proof of direct harm was not necessary to lodge an appeal for compensation. This meant that businesses adversely affected in a secondary way, as a consequence of those directly harmed from the oil spill, were also entitled to payouts. BP […]

Meet the Lionfish, a Spiky Reminder of the Gulf’s Ecological Woes

Lionfish rrje3p

Taking over. Exactly how lionfish ended up in the Gulf of Mexico is a bit of a head-scratcher. The spectacularly spiked and striped foreigners were not seen outside the Pacific before a few decades ago. One popular (and probably apocryphal ) explanation is that Florida’s Hurricane Andrew released a handful of captive specimens in 1992, and, the thinking goes, the problem snowballed from there.

But regardless of origin story, the pests have grown so numerous that the Texas Parks and Wildlife Department lists lionfish as one of the state’s “biggest threats” to waterways. An array of venomous spines ensures the […]

Judge approves $20BILLION settlement over 2010 BP oil spill in the biggest ever environmental pay out in US history

A federal judge granted final approval  to an estimated $20 billion settlement, resolving years of litigation over the 2010 BP oil spill which was caused by an explosion on the Deepwater Horizon oil rig (pictured,  the rig on April 21, 2010)

A New Orleans federal judge granted final approval Monday to an estimated $20 billion settlement over the 2010 BP oil spill in the Gulf of Mexico, resolving years of litigation over the worst offshore spill in the nation’s history.

The settlement, first announced in July, includes $5.5 billion in civil Clean Water Act penalties and billions more to cover environmental damage and other claims by the five Gulf states and local governments.

The U.S. Justice Department has estimated that the settlement will cost the oil giant as much as $20.8 billion, the largest environmental settlement in US history as well as […]

Hillsborough sets aside $22 million BP settlement for permanent ferry service

TAMPA — In the waning days of the Cross-Bay Ferry pilot program, Hillsborough County laid the groundwork Wednesday to make water transportation a permanent fixture in the Tampa Bay region. Commissioners voted to keep in reserve $22 million from the BP oil spill settlement with the hope it could one day go toward expanded ferry service, including a route between the downtowns of … ( continue reading )
The Hillsborough County Commission is looking to permanently extend the Cross-Day Ferry, the pilot program connecting downtown St. Petersburg to downtown Tampa. But it will need help from the cities […]

Hillsborough sets aside $22 million BP settlement for permanent ferry service

TAMPA — In the waning days of the Cross-Bay Ferry pilot program, Hillsborough County laid the groundwork Wednesday to make water transportation a permanent fixture in the Tampa Bay region. Commissioners voted to keep in reserve $22 million from the BP oil spill settlement with the hope it could one day go toward expanded ferry service, including a route between the downtowns of … ( continue reading )
The Hillsborough County Commission is looking to permanently extend the Cross-Day Ferry, the pilot program connecting downtown St. Petersburg to downtown Tampa. But it will need help from the cities […]