Hess Settles With N.Y. Conservation Regulators

Law360, New York (February 28, 2008, 12:00 AM EST) -- Hess Corp. has entered into a $1.4 million settlement with the state of New York to rectify its alleged violations of state petroleum storage regulations and to establish a habitat restoration project, a top state conservation regulator announced Thursday.

The settlement is outlined in a consent order that Pete Grannis, head of the New York Department of Environmental Conservation, lodged with his department on Feb. 14.

The consent order resolves an internal DEC complaint, initially filed in August 2001, that addressed the energy giant's alleged violations...
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