ExxonMobil unit to pay U.S., Montana $12 million to settle 2011 oil spill
Source: Reuters
COMMODITIES | Wed Sep 21, 2016 | 1:02pm EDT
ExxonMobil unit to pay U.S., Montana $12 million to settle 2011 oil spill
An Exxon Mobil Corp (XOM.N) affiliate has agreed to pay $12 million in natural resource damages to the federal government and the state of Montana to settle claims over a 2011 crude oil spill from one of its a pipeline, the U.S. Justice Department said on Wednesday.
In 2011, ExxonMobil Pipeline Company's 40,000 barrel-per-day Silvertip pipeline in Montana ruptured underneath the Yellowstone River, releasing more than 1,000 barrels of crude and costing the company about $135 million to clean up.
(Reporting by Tim Ahmann; Writing by Mohammad Zargham; Editing by Susan Heavey)
http://www.reuters.com/article/us-exxon-mobil-montana-spill-idUSKCN11R29O?il=0
