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Alabama taps its oil-spill fund to close Medicaid gap

Nov 18, 2016
A fund to pay for damage from BP's 2010 oil spill is used to cover a budget gap.
A worker scoops up oil washed ashore from the Deepwater Horizon oil spill in the Gulf of Mexico on June 26, 2010 in Orange Beach, Alabama. Millions of gallons of oil spilled into the Gulf after the April 20 explosion on the drilling platform. 

 
Joe Raedle/Getty Images

Five years after BP spill, financial problems persist

Jul 2, 2015
How the oil spill changed businesses on the Gulf Coast.

BP's new recipe for settlement money: Shame a famous chef

Dec 18, 2013
BP has long complained that its settlement money for the Deepwater Horizon spill was often spent frivolously.

The money well is running dry at BP

Jul 30, 2013
The company's $20 billion Gulf oil spill compensation fund is almost empty -- and there could be many more claims in the pipeline.

BP, Halliburton: Best Frenemies Forever?

Jul 26, 2013
Halliburton and BP work together in the oil fields, despite disagreements over fault in the BP oil spill.

Halliburton admits to destroying oil spill evidence

Jul 26, 2013
Halliburton will pay a $200,000 penalty, but says it will not face any criminal prosecution for the act.

A controversy over how Deepwater Horizon cleanup funds are being spent

May 7, 2013
Last week, BP and five coastal states affected by the Deepwater Horizon spill announced $594 million in projects funded by BP for early restoration of the Gulf. A lot of the money is being spent on stuff not related to the spill at all, especially on repairing damage from various hurricanes.

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