British oil giant BP reported $3.6 billion in profit in its second quarter earnings release Tuesday. The company also reported $260 million in charges related to the 2010 Gulf of Mexico oil spill, NOLA.com reports.
Most of the charges are funds set aside to pay for future litigation relating to the spill.
The start of some major funding for coastal restoration begins next month. It’s part of the Restore Act fund established after the 2010 BP oil spill. Some are concerned there’s no details yet on how the affected communities will get their say on how it’s spent.
If you’ve ever driven through the Lower 9th Ward, you know that there is lots of land out there.
On this week’s Notes from New Orleans Sharon Litwin catches up with Lower Nine gardener Jenga Mwendo of the Backyard Gardeners Network about putting vacant lots to use and what’s been happening in her neighborhood since the last time the two of them talked.
To read more about the Backyard Gardeners Network, visit NolaVie.com.
The Broadmoor Development Corporation was created in 2006 by the Broadmoor Improvement Association to implement programs in response to the growing demand for housing advocacy and rehabilitation in the aftermath of the 2005 storms. Their mission is to enhance the economic wellbeing of the Broadmoor neighborhood.
Standing in Broadmoor, with a view of the Superdome in the distance and the Andrew Wilson Charter School across the street, is a newly renovated home ready to be rented.
Melanie Driscoll, director of bird conservation for Audubon's Louisiana Coastal Initiative, examines the remains of a Forster's Tern found on Cat Island. The island shows scant signs of life four years after the BP oil spill.
As Sunday’s four-year anniversary of the BP oil spill approaches, environmental groups headed out into one of the areas most heavily oiled in the disaster. There, they looked at what effects that oil could be having on wetlands, and inspected the latest damage from coastal erosion, ongoing before and after the spill.
It takes about a half-hour on John Stubbs’ 22-foot fishing boat to get from the Myrtle Grove Marina in Plaquemines Parish to Bay Jimmy in Barataria Bay.