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Tag Archives: BP oil spill

Attorney, six others indicted in oil spill fraud case

gulf oil spill

GULFPORT — A Texas attorney and six others have been indicted on fraud charges involving BP money distributed after the Deepwater Horizon oil spill. The indictment, unsealed Thursday morning, lists as defendants Mikal C. Watts, principal partner in the law firm of Guerra and Craft Watts, and two of his employees. They are his brother, David Watts, and Wynter Lee. ...

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Next governor will play crucial role in future of coast

NEW ORLEANS — The next governor will play a crucial role in Louisiana’s coastal crisis — either by aggressively working to save the coast or missing a prime opportunity to stop the state from slipping further into the Gulf of Mexico. Louisiana is poised to receive about $8.7 billion in settlement money over damages caused by BP’s catastrophic 2010 Gulf ...

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US, states finalize settlement with BP over gulf oil spill

WASHINGTON — The Justice Department and five states have finalized a settlement of more than $20 billion arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal announced Monday resolves all civil claims against BP and ends five years of legal fighting over the nearly 134 million-gallon spill. “BP is receiving the punishment it deserves, ...

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Republicans oppose new safety rules on offshore drilling

NEW ORLEANS — Republican lawmakers on Tuesday criticized an Obama administration move to toughen standards for offshore drilling, saying the new rules would be costly for drillers and threaten to shut down oil and gas exploration off the nation’s coasts. The Interior Department is preparing to issue standards to close what it says are gaps in blowout preventer rules. A ...

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Editorial: Biloxi has an enviable plan for BP money

We like Biloxi’s forward-thinking plan for its BP disaster settlement. The city will put its $4.1 million share into an Economic Development Security Fund designed to overcome the economic damage caused by the catastrophe that spewed millions of gallons of oil into the Gulf, damaged the environment and sent a shockwave through the tourism, fishing and seafood industries. The money ...

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Institute scores $4 million in Transocean settlement, but can’t spend it on rickety research vessel

ST. PETERSBURG — U.S. Sen. Bill Nelson announced Monday that the Florida Institute of Oceanography is getting $4 million to conduct more research on the impact of the 2010 oil spill on the Gulf of Mexico. But there’s a catch. None of that money, Nelson said, can be used to fix or replace FIO’s 45-year-old R/V Bellows, which is the ...

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BP settlement money flows to governments in far-flung places

BATON ROUGE, La. — Clusters of landlocked municipalities more than 100 miles from the Gulf Coast have secured millions of dollars in BP money through settlements designed to compensate local governments for lost tourism dollars and other economic damage from the company’s 2010 oil spill, according to records obtained by The Associated Press. This week, BP finished making approximately $687.4 ...

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