BP to pay penalty to EPA for inadequate insurance on hazardous waste

Source: Alaska Dispatch News, December 17, 2019
Posted on: https://www.advisen.com/

The Environmental Protection Agency announced Monday that BP Exploration Alaska has agreed to pay a $125,100 penalty related to violations of its federal hazardous waste permit for activities on Alaska’s North Slope.
BP, a major Alaska oil producer that’s asking regulators to approve the $5.6 billion sale of its Alaska assets to Hilcorp Alaska, in part did not “maintain adequate insurance for bodily injury and/or property damage to third parties” from the company’s storage and handling of hazardous waste, the EPA alleged in a statement to media Monday. Read more.

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