February 26, 2013 -
BP could be on the hook for as much as $21 billion in fines for its 2010 Gulf oil spill disaster. An effective investment strategy would address both environmental and economic interests.
January 29, 2013 -
In New Orleans today, a federal judge approved a deal allowing BP to plead guilty to manslaughter and other charges related to the Gulf disaster in exchange for a $4 billion fine, probation and monitoring. Some of the company's victims objected to the deal including Cherri Foytlin, who explained her reasons in this letter to the judge.
January 4, 2013 -
Most of the $1.4 billion in fines and penalties that Transocean has agreed to pay for its negligence in the 2010 Deepwater Horizon oil spill disaster will be sent to the Gulf Coast region to fund environmental restoration work.
July 18, 2012 -
With billions of dollars in Clean Water Act fines for the BP disaster slated to go to Gulf states, the region's businessmen and political leaders are talking about using the money for purposes other than ecosystem restoration. Gulf Coast citizens and advocates need to follow the money and demand accountability.
July 3, 2012 -
Out of the tragedy of the 2010 BP oil disaster we could soon see new opportunities emerge thanks to the passage of a federal law directing fines back to the region.
April 19, 2012 -
Two years after BP's Deepwater Horizon rig exploded in the Gulf of Mexico, a Facing South/Institute report finds coastal communities are struggling to cope and recover -- and to get the nation to pay attention.
April 17, 2012 -
Faith leaders across the Gulf are calling on Congress to pass a law that would send fines levied against BP for the oil spill back to affected communities.