USD 92.0134

-0.12

EUR 98.7187

+0.01

Brent 89.38

+0.05

Natural gas 2.285

+0.36

678

US Court Reduced Exxon's Fine for 1989 Oil Leak

A US court has reduced twice the sum which oil giant Exxon Mobil must pay

US Court Reduced Exxon's Fine for 1989 Oil Leak

A US court has reduced twice the sum which oil giant Exxon Mobil must pay for a 1989 oil spill off Alaska.

The San Francisco Federal appeals court reducedm for the third time, the payment from $4.5bn to $2.5bn saying the previous decision had been excessive.

The case - started in 1994 by more than 32,000 fishermen, native Alaskans and property owners - is one of the longest non-criminal ones in US history.

In the original court ruling, Exxon was ordered to pay out $5bn.


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru