NEW ORLEANS (AP) – Nearly $3 billion in settlement money from the BP Deepwater Horizon disaster that devastated the Gulf Coast and killed hundreds of thousands of marine animals is now funding a massive ecosystem restoration in southeastern Louisiana’s Plaquemines …
Louisiana has begun construction of a $67 million project to create miles (kilometers) of oyster reefs to protect the shoreline in a New Orleans suburb. Money for the Biloxi Marsh Living Shoreline comes from an $8.8 billion restoration fund set …
Gulf Coast officials worry that their communities won’t get their fair share of Alabama’s $2.3 billion portion of the BP oil spill settlement. Gulf Shores Mayor Robert Craft told Alabama’s Press Register that members of the Gulf Coast Recovery Council …
BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims by five Gulf states and the U.S. government for the 2010 Deepwater Horizon oil spill, the worst oil spill in …
BP Plc challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 Gulf of Mexico oil spill, a decision that exposed the U.K.-based energy company to as much as $18 billion in …
The U.S. Supreme Court refused to review BP Plc’s $9.7 billion settlement over the 2010 Gulf of Mexico oil spill, turning away the company’s argument that hundreds of millions of dollars are going to businesses that weren’t harmed. The rebuff, …
BP Plc is seeking to undo payments to some victims of the 2010 Gulf of Mexico spill in a move opposing lawyers warn could open the floodgates to challenging hundreds of thousands of individual damage-claim awards. BP, which is struggling …
The U.S. Supreme Court on Monday declined to block payments BP PLC is required to make to businesses demanding compensation for the 2010 Gulf of Mexico oil spill as the company fights a lower court ruling. The high court rejected …
BP Plc’s $9.2 billion partial settlement over the 2010 Gulf of Mexico oil spill was upheld by an appeals court over the company’s protest that the deal wasn’t valid unless a claims-payment dispute was resolved in its favor. The U.S. …
The medical benefits portion of BP Plc’s settlement over the 2010 Gulf of Mexico oil spill is “substantively unfair” and approval of the accord should be reversed, lawyers opposing the agreement told an appeals court. The settlement, reached last year …
