BP to pay Alaska $255 million for 2006 pipeline spills, shutdown

Posted by Washington Post: Juliet Eilperin on November 9th, 2012
Reuters: Alaska will collect $255 million related to BP Plc's pipeline leaks and a resulting shutdown in 2006 in the Prudhoe Bay oilfield, the state's Department of Law said on Thursday. BP said in a statement that its share of the award was $66 million. Its major partners in the Prudhoe Bay field include Exxon Mobil Corp and ConocoPhillips. The payment, which is final and not subject to appeal, includes a $245 million award from a panel of three arbitrators and $10 million to settle civil assessments......

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