Posted on 01.04.22

Louisiana energy firm to pay millions following oil spill that began 17 years ago

Source: Guardian Web, December 24, 2021
Posted on: https://www.advisen.com/

America’s longest running oil spill dispute is close to a resolution after a Louisiana-based energy firm has agreed to a proposed multi-million-dollar settlement.

Taylor Energy agreed to pay more than $43m in clean-up costs, civil penalties and natural resource damage, and transfer a $432m clean-up trust fund to the Department of Interior, according to a proposed settlement announced by the Department of Justice. Read more.

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