Oil Spill Fund

BP Oil Spill Compensation Fund Winding Down

Posted 07.29.2011

(Reuters) - The fund BP (BP.L) set up to deal with compensation claims after 2010's Gulf of Mexico oil spill is starting to wind down after paying...

Justice Dept. To Oil Spill Claims Czar: Loosen The Purse Strings

AP | HARRY R. WEBER | Posted 05.25.2011

ATLANTA — The job of the administrator of the $20 billion fund for Gulf oil spill victims is not to preserve money or return it to BP, and he sh...

Oil Spill Claimants Offered Quick Pay Option With A Catch

AP | BRIAN SKOLOFF | Posted 05.25.2011

OCEAN SPRINGS, Miss. — The administrator of a $20 billion fund doling out money to Gulf oil spill victims said Monday that people who want more ...

BP Spill Fund Czar Rules That Cleanup Workers' Wages Can't Be Counted Towards Damages To Their Own Businesses

AP | Posted 05.25.2011

NEW ORLEANS — The administrator of the fund for victims of the Gulf of Mexico oil disaster says he will waive a requirement that wages earned by...

Kenneth Feinberg, Gulf Oil Fund Czar, Has Biggest Challenge Yet

Mother Jones | Kate Sheppard | Posted 05.25.2011

Kenneth Feinberg is used to tough jobs. But his latest task--determining how to dole out the $20 billion BP is putting up to compensate victims of the...

Gulf Dilemma: Take BP's Payout Or Sue?

AP | CURT ANDERSON | Posted 05.25.2011

MIAMI — Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He ...

Obama Administration, BP Nearing Deal On Oil Spill Fund

Wall Street Journal | MONICA LANGLEY | Posted 05.25.2011

WASHINGTON--The Obama administration and BP PLC are close to a deal to use future revenues from the oil giant's Gulf of Mexico operations to guarantee...