Deepwater Horizon oil spill News

House Balks at Senate Plan for Mississippi Oil Spill Damage Account

Mississippi lawmakers may be unable to decide this year how to spend $750 million in oil spill damage payments, with sniping between House and Senate members after a bill died at a Tuesday deadline for action when the House Appropriations …

Mississippi City Settles Oil Spill Claims with BP for $4.9M

The city of Biloxi, Miss., is accepting $4.9 million from BP as part of a group settlement of local government claims for economic losses caused by the 2010 BP oil spill in the Gulf of Mexico. Last week, BP and …

Focus Shifts to BP Following Halliburton Oil Spill Settlement

Halliburton Co.’s agreement to settle most of the lawsuits stemming from its role in the worst offshore oil spill in U.S. history refocuses attention on the still-awaited court ruling that will decide the extent of BP Plc’s liability. U.S. District …

Exxon Valdez 25 Years Later, Spill Effects Linger in Alaska

Before the Deepwater Horizon oil spill in 2010 in the Gulf of Mexico, there was the Exxon Valdez disaster in Alaska, at the time the largest oil spill in the U.S. The 987-foot (300-meter) tanker, carrying 53 million gallons (200 …

Florida Becomes 4th State to Sue BP Over Oil Spill

The state of Florida filed a lawsuit last Saturday against British oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth U.S. state to seek damages for the 2010 disaster. The suit, among other …