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

BP reaches $18.7 billion settlement over 2010 spill

Jul 2, 2015
The deal brings the company's total liability to more than $40 billion.

After oil spill, Gulf seafood industry is recovering

Apr 9, 2015
The reputation for good seafood is back, but the old quantity is not.

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 waves the white flag, asks for help from the Prime Minister

May 16, 2013
BP said they were just trying to make it for easier for claimants, but now they're in over their heads.

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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BP oil spill settlement window may be closing

Mar 4, 2013
As the second week of testimony begins in BP's civil trial for damages in the Gulf oil spill, a settlement is still possible. Once evidence is presented in earnest, though, lines harden and chances diminish.

BP oil spill lawsuit could get messy

Feb 25, 2013
The civil suit will determine the degree of BP's responsibility for the oil spill two years ago, which will help determine the size of damages.

BP pleads guilty in oil spill lawsuit

Jan 29, 2013
BP signs off on a plea over the 2010 Deepwater Horizon oil spill. But this won't be the end of legal troubles for the company.