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Bookmark or Share- Deepwater Horizon oil spill settlements: Where the money wentExplosion triggered economic, environmental devastation, and a legal battle. Clean Water Act, RESTORE Act, Oil Pollution Act and criminal statutes lead to $20.8B settlement, largest in U.S. history. The RESTORE Act results in ‘funding buckets’. Unprecedented funding to support Gulf-wide restoration and research. Record-setting penalty.
- Deepwater Horizon | Oil Spills | Damage Assessment, Remediation, and ...Under this settlement, BP will pay the Trustees up to $8.8 billion for restoration to address natural resource injuries. For more information, visit the Gulf Spill Restoration website. Early response to the Deepwater Horizon oil rig explosion (USCG).
- BP and PSC reach definitive settlement agreements and seek preliminary ...BP today announced that it has reached definitive and fully documented agreements with the Plaintiffs’ Steering Committee (PSC) to resolve the substantial majority of eligible private economic loss and medical claims stemming from the Deepwater Horizon accident and oil spill.
- U.S. and Five Gulf States Reach Historic Settlement with BP to Resolve ...The United States today joins the five Gulf states in announcing a settlement to resolve civil claims against BP arising from the April 20, 2010 Macondo well blowout and the massive oil spill that followed in the Gulf of Mexico.
- Once Praised, Settlement to Help BP Oil Spill Workers Leaves Most With ...Recognizing that some members of cleanup crews had likely become sick, BP agreed to a medical claims settlement two years after the 2010 disaster. Experts hailed it as “an extraordinary...
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