Thursday, November 8, 2012

BP to pay Alaska $255 million for 2006 pipeline spills, shutdown

Reuters: Alaska will collect $255 million related to BP Plc's pipeline leaks and a resulting shutdown in 2006 in the Prudhoe Bay oilfield, the state's Department of Law said on Thursday. BP said in a statement that its share of the award was $66 million. Its major partners in the Prudhoe Bay field include Exxon Mobil Corp and ConocoPhillips. The payment, which is final and not subject to appeal, includes a $245 million award from a panel of three arbitrators and $10 million to settle civil assessments...

URL: http://www.reuters.com/article/2012/11/09/us-bp-alaskaspill-idUSBRE8A800M20121109?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29
Enclosure: http://s1.reutersmedia.net/resources/r/?m=02&d=20121109&t=2&i=672474810&w=460&fh=&fw=&ll=&pl=&r=CBRE8A800OJ00

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