| Gulf oil spill: Judge fines minority owner $159M | |
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NEW ORLEANS (AP) -- A federal judge says a minority owner of the well that spewed 130 million gallons of oil into the Gulf of Mexico in 2010 must pay $159.5 million in Clean Water Act fines.
Judge Carl Barbier (BARB-yay) noted in Monday's opinion that prosecutors wanted significantly more than $1 billion but significantly less than the maximum $3.5 billion.
In a statement, Anadarko Petroleum Corp. of Houston said it's pleased the penalty is less than what prosecutors requested, but may appeal.
Justice Department spokesman Wyn Hornbuckle says in an email that the department is pleased Anadarko is being held accountable.
Anadarko owned 25 percent of the Macondo well, but had no say in its operations.
Operator and majority owner BP PLC settled environmental damage claims this year for $20 billion.
The Macondo well exploded in April 2010, killing 11 workers.
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Anadarko
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CODE : APC |
ISIN : US0325111070 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Anadarko is a exploration company based in Canada. Anadarko is listed in Germany and in United States of America. Its market capitalisation is US$ 38.6 billions as of today (€ 34.5 billions). Its stock quote reached its lowest recent point on May 12, 1995 at US$ 10.00, and its highest recent level on May 23, 2014 at US$ 99.93. Anadarko has 531 000 000 shares outstanding. |