ExxonMobil will pay $5 million to settle claims brought against it by the U.S. and Arkansas governments stemming from its March 2013 Pegasus Pipeline oil spill that swamped an Arkansas community with thousands of gallons of heavy Canadian oil. Under the settlement agreement, ExxonMobil will pay $3.19 million to the U.S. in Clean Water Act penalties and $1 million in state civil penalties to Arkansas. The oil company will also devote $600,000 to a project geared toward improving water quality at Lake Conway, a reservoir affected by the spill, and pay the Arkansas Attorney General’s office $280,000 in legal fees. The ... Read More
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