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Exxon argued that given the $3.5 billion it has paid in cleanup costs, fines and settlements after the Valdez oil spill, the $2.5 billion in punitive damages is beyond constitutional due process.
As the oil spill spreads in the Gulf of Mexico, communities in faraway Alaska are still confronting the consequences of the wreck of the Exxon Valdez, 21 years on.
Furthermore, the Alaska delegation’s Chugach land exchange bill poses an additional threat beyond the Senate version of the ...
EVERETT — Anna Kagley was working at a federal lab in Seattle in 1989 when the Exxon Valdez tanker spilled some 11 million ...
The developments came on a day when a new spill estimate indicates that the BP leak is likely more than twice the size of the 1989 Exxon Valdez spill, making it the worst oil disaster in U.S. history.
From poisoned workers to vanishing wetlands, the truth about BP’s toxic legacy in Louisiana is worse than you remember.
Recent discussions on X about Exxon Mobil (XOM) have centered around the company's strategic focus on oil and gas, even as global energy transitions gain momentum. Many users are intrigued by the ...
The company is still remediating properties, crops, and testing samples for contamination from a spill in early April.
This would add to costs, small independent producers and petroleum engineers tell Reuters. The water-to-oil ratio in the Permian is much higher than in other basins.
A massive oil spill that began Wednesday has released approximately 5,000 gallons of diesel fuel into the harbor — more than double the initial estimate — according to the Johns Hopkins ...
Sea turtles, meanwhile, saw huge declines due to the oil spill, with an estimated death toll of 4,900-7,600 large juvenile and adult sea turtles and 56,000-166,000 small juvenile sea turtles.
Exxon stands to benefit from its experience as an operator in Guyana if there are geologically similar reservoirs in Foz do Amazonas, and its partnership with national oil company Petrobras mitigates ...