National Academy of Sciences received $500M for Gulf restoration from BP and Transocean plea agreements– new web site describes objectives and preliminary plans at http://www8.nationalacademies.org/onpinews/newsitem.aspx?RecordID=02202013b Read More
Tag: funding
BP settlement
State and local government claims against BP reported this week with BP financial report total $34B– http://www.reuters.com/article/2013/02/05/us-bp-spill-claims-idUSBRE91419T20130205. Federal trial still set for Feb 25, 2013, although parties still negotiating– http://www.nbcnews.com/id/50698646/ns/business-oil_and_energy/. Read More
BP settlement
Judge signs off on $4B BP plea agreement– http://www.justice.gov/opa/pr/2013/January/13-ag-123.html. Copy of agreement is at http://www.justice.gov/criminal/vns/docs/2012/11/2012-11-15-BP-Guilty-Plea-Agreement.pdf Read More
Gulf of Mexico Research Initiative RFP-II program
Gulf of Mexico Research Initiative (RFP-II program) awards 19 research projects $20 million over three years for studies on the effects of the Deepwater Horizon oil spill on the Gulf of Mexico ecosystems– http://gulfresearchinitiative.org/2012/bp-sponsored-gulf-of-mexico-research-initiative-awards-new-grants/. Read More
RESTORE Act
President signs Transportation Bill, MAP-21, with RESTORE Act (PL-112-141, subtitle F), which ensures 80% of DWH oil spill settlements and penalties go to Gulf Coast Restoration Trust Fund (versus all going to national Oil Spill Liability Trust Fund)– available at http://www.treasury.gov/services/restore-act/Pages/default.aspx Read More
Shell Marine Habitat Program
Shell Marine Habitat Program (SMHP) partnership between Shell Oil Company and the National Fish and Wildlife Foundation (NFWF) supports conservation and restoration activities that result in measurable benefits to key species and their habitats within coastal ecosystems– http://www.nfwf.org/shell/Pages/home.aspx#.U6w28kBBnoE Read More
DWH settlement
MOEX Offshore 2007 LLC, 10% owner of the lease for the Macondo Well, settles for $90M for Deepwater Horizon oil spill– http://www.justice.gov/opa/pr/2012/February/12-ag-231.html Read More