Energy & environment · 14/04/2023Updated: 10/16/2026 · 1 min read
Bureau of Ocean Energy Management Adjusts Offshore Facility Limit of Liability for Oil Spills
Summary
The Bureau of Ocean Energy Management has increased the offshore facility limit of liability for damages under the Oil Pollution Act of 1990 from $137,659,500 to $167,806,900, reflecting the rise in the Consumer Price Index since 2016.