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A Big Natural Resource Damage Suit for Its New Jersey Refineries Is Settled by ExxonMobil

Richard Rosera

Lawyers for Exxon and the New Jersey Department of Environmental Protection told a judge in a Feb. 20 letter they agreed to settle the decade-old litigation. The New York Times first reported the settlement, saying Exxon will pay $250 million, without identifying its sources. The state initially sought $8.9 billion, the paper reported. A consent decree outlining the agreement must be approved by a state judge.

October 04, 2015 @ 07:24 PM EDT Energy - Oil and Gas, Government - State/Provincial Environment

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