Chevron agrees to pay $163 million on fine and upgrades to end probes
Source: CBS News
CBS/AP October 25, 2018, 2:41 AM
SAN FRANCISCO -- Chevron Corp. has agreed to pay a nearly $3 million fine and spend $160 million on environmental improvements and upgrading oil refineries to resolve allegations the company violated pollution laws, federal officials said Wednesday.
The Department of Justice said the agreement ends investigations in four states where Chevron's refineries caught fire or released harmful chemicals. The settlement calls for it to spend $10 million on environmental projects in the four states -- California, Mississippi, Utah and Hawaii.
The San Ramon, California-based company agreed to spend $150 million upgrading refineries throughout the country.
The DOJ said the $2.95 million fine will resolve several regulatory investigations, including the 2013 explosion and fire in Pascagoula, Mississippi, that killed a Chevron worker and a 2012 fire at its Richmond, California, facility that prompted 14,000 residents to be evacuated.
Read more: https://www.cbsnews.com/news/chevron-agrees-to-pay-163-million-on-fine-and-upgrades-to-end-probes/
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