Tag: BP Settlement
BP Gulf settlement: Texas share is $750 million
Settlement funds will be used to support Texas’ Gulf Restoration plan Texas will receive more than $750 million as part of the $20.2 billion settlement with BP Exploration and Production Inc. and the governor says all of it will go to Gulf economy, environment rehabilitation. “After five years, I’m proud to announce that Texas, along with the […]
Gulf oil spill: BP, five states reach $18.7 billion settlement
Total cost of Gulf oil spill estimated to reach $53.8 billion NEW ORLEANS – Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an […]
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