Patience paid off for the City of Orange Beach, Ala. Last Friday, the city and BP finalized $15 million settlement over its economic loss claim related to the 2010 BP oil spill….
Tag: BP
Olson talks about airport annexation, Government Street pond, BP funds and MWBE
City Administrator Eric Olson gave his monthly report at the Pensacola City Council meeting on June 16. His five-minute report covered the Airport Commerce Park, Escambia County Commission actions, BP settlement funds,…
Corcoran: Panhandle will get $300M of first BP settlement tranche [podcast]
The incoming Speaker of the House, Rep. Richard Corcoran (R-Pasco County), said yesterday on “Pensacola Speaks†that Northwest Florida can expect to receive 75-percent of the state’s share of the BP settlement–$300…
Breaking News: Judge approves $20B settlement in BP oil spill
Federal Judge Carl Barbier has granted final approval of the estimated $20 billion settlement over the 2010 BP Deep Horizon oil spill. The settlement covers Clean Water Act penalties ($5.5 billion) and…
Trial attorney buys Powerball tickets for BP execs
Yesterday, Texas trial attorney Brent Coon purchased and mailed each of the individuals of the British Petroleum (BP) senior management team a U.S. lottery ticket for the upcoming drawing hoping to win…
BP files Deepwater Horizon settlement agreement today
BP will file today its The $18.7 billion settlement agreement between the U.S. government, five states and BP over the 2010 Gulf of Mexico oil spill. The filing will be followed by…
Nelson has concerns with BP settlement
FYI – U.S. Sen. Bill Nelson (D-FL) has said he has concerns with the government’s proposed settlement with BP. He raised those concerns in a letter he sent to Attorney General Loretta…
Escambia County to receive $58 million from BP settlement
Press Release: The federal government and five Gulf Coast states have reached a tentative settlement with BP for approximately $18.7 billion for the environmental and economic damages caused by the Deepwater Horizon…
BP agrees to pay $18.7 billion to settle all federal and state claims.
This morning BP announced that it has agreed to pay $18.7 billion over 18 years to settle all federal and state claims arising from the Deepwater Horizon oil spill. The agreement involves…
Yikes, BP terminates contracts offshore rigs
Coming the heels of City COO Tamara Fountain’ announcement that DeepFlex has suspended construction at its facility at the Port of Pensacola. Reuters reports BP terminated contracts for two deepwater oil drilling…
BP spin machine called out
In a news statement released yesterday, BP claims that the “…Gulf environment (is) returning to pre-spill conditions†although the Deepwater Horizon oil spill Natural Resource Damage Assessment Trustees (NRDA Trustees) are still…
BP drops attempt to fire claim administrator
NOLA.com is reporting that BP said today that it will drop its bid to oust oil spill claims administrator Patrick Juneau “in recognition of improvement to counter fraud” within its multibillion-dollar settlement…