ExxonMobil To Pay $2.3M To Settle La. Pollution Claims

Law360, New York (January 13, 2014, 2:36 PM EST) -- ExxonMobil Corp. will pay $2.3 million to fund environmental projects and a spill countermeasures program, settling allegations that the company violated the state's rules in connection with chemical releases and spills, the Louisiana Department of Environmental Quality said Friday.

The settlement agreement came after the DEQ issued a series of compliance orders and penalty notices dating back to 2008. Among the violations for which the agency cited ExxonMobil were chemical releases and spills in addition to other operational violations.

According to the department, the agreement addresses...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.