ExxonMobil Agrees to Pay $1 Billion Settlement Over Oil Spill, Court Approves Consent Decree Under the Oil Pollution Act of 1990

Summary

ExxonMobil has agreed to pay $1 billion to settle a lawsuit related to an oil spill, and a federal court has approved a consent decree under the Oil Pollution Act of 1990, which will require the company to implement new safety measures and pay the settlement amount