Category Archives: BP Settlement

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

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 of St. Petersburg and Tampa and Pinellas County. [DIRK SHADD   |   Times]

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 of St. Petersburg and Tampa and Pinellas County. [DIRK SHADD | Times] 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 […]

Hillsborough moves forward on ferry project that may use BP settlement funds


While officials with the Cross-Bay Ferry reported carrying nearly 8,000 passengers in March as the six-month pilot project ends later this month, the Hillsborough County Commissions approved a proposal Wednesday to move ahead on a public-private partnership plan that would take passengers from South County to MacDill Air Force Base, and then on to St. Petersburg. The plan would include using the $22 million settlement money the county received from the BP oil spill, while 3building a marina that could be used to service the ferry in southeastern Hillsborough County.

Commissioner Ken Hagan said he’s wanted to present the plan […]

Judge Approves $20 Billion Settlement in BP Oil Spill

Image: Fire boats battle the blazing remnants of the off shore oil rig Deepwater Horizon, off Louisiana, on April 21, 2010.

A federal judge in New Orleans granted final approval Monday to an estimated $20 billion settlement, resolving years of litigation over the 2010 BP oil spill in the Gulf of Mexico. 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 money is to be paid out over a 16-year period. The judge, Carl Barbier, set the stage for the settlement with an earlier ruling that BP had been "grossly negligent" in the offshore rig […]

Judge approves $20B settlement in BP oil spill case


cbsnews.com U.S. District Judge Carl Barbier’s final order on the settlement was released Monday. Barbier had set the stage for the settlement with an earlier ruling that BP had been "grossly negligent" in the offshore rig explosion that killed 11 workers and caused a 134 million-gallon spill. The ruling binds the company to a massive cleanup project in the Gulf Coast area aimed at restoring wildlife, habitat and water quality, as many consider the fallout from the spill one of the worst man-made disasters ever . "BP is receiving the punishment it deserves, while also providing critical compensation for […]

Judge Approves $20 Billion Settlement in BP Oil Spill

Image: Fire boats battle the blazing remnants of the off shore oil rig Deepwater Horizon, off Louisiana, on April 21, 2010.

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

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 money is to be paid out over a 16-year period.

The judge, Carl Barbier, set the stage for the settlement with an earlier ruling that BP had been "grossly negligent" in the offshore rig explosion that […]

Florida to receive $3.25B from gulf states’ Deepwater Horizon settlement with BP

Florida Attorney General Pam Bondi announced today a multi billion dollar agreement with BP on the Deepwater Horizon Oil Spill.  Florida stands to receive morn that $3.2 billion. The announcement was made at the Port of Tampa Cruise Terminal #2 on Thursday morning 7/2/15 [SKIP O

Five years after oil from the Deepwater Horizon disaster tainted the Panhandle’s sugar-white beaches, petroleum giant BP agreed Thursday to an $18.7 billion settlement with Florida, four other gulf states and the federal government.

Florida’s share could be more than $3.25 billion, paid out over 18 years, state Attorney General Pam Bondi announced at a news conference in Tampa. She promised the settlement "will benefit areas of the state most devastated by the spill," though she did not provide a specific breakdown of how the money will be spent.

The settlement includes $5.5 billion paid over 15 years to cover pollution […]

Florida nets $3.25B in BP oil-spill settlement


Florida landed $3.25 billion Thursday as part of a multistate federal settlement with BP over widespread damage caused by the 2010 Deepwater Horizon disaster.

The deal requires London-based BP to pay $18.7 billion in economic and natural-resources damages to the five Gulf Coast states affected by the disaster, which pumped more than 100 million gallons of oil off the coastlines of Alabama, Florida, Louisiana, Mississippi and Texas.

Sen. Don Gaetz , who as Senate president pushed for the creation of a consortium to oversee the bulk of the settlement funds, said the money will help boost economic development throughout the Panhandle."This […]

BP settlement: States to accept $18.7 billion in damages


The attorneys general of Alabama, Louisiana, Florida and Mississippi settled “in principle” with the fallen oil giant British Petroleum (BP) on Thursday, agreeing to accept $18.7 billion in damages after a judge deemed the company “grossly negligent” in the costliest offshore environmental accident in U.S. history.

“This is a landmark settlement,” Gov. Robert Bentley of Alabama said in a statement. “It is designed to compensate the state for all the damages, both environmental and economic.”

Officials from all four states presented the deal as a major step forward, a win for the people and their natural resources. Bob Bendick, who directs […]

Trumbull: House BP settlement vote ‘a tremendous step forward’

The House proposals go further than a Senate measure (SB 364) by imposing additional guidelines on how the money can be used to market Northwest Florida and to support broad economic-development projects.

@The_News_Herald

TALLAHASSEE — Northwest Florida counties moved closer Thursday to getting money the state received last year from the multibillion-dollar BP settlement tied to the 2010 Deepwater Horizon oil spill.The House unanimously voted for a pair of measures (HB 7077 and HB 7079) that would create a trust fund from which the BP settlement money would be available to the nonprofit organization Triumph Gulf Coast and set […]