Anadarko To Pay $4.4B for Cleanup

摘要

Anadarko Petroleum Group and some of its subsidiaries will pay $4.4 billion for environmental cleanup at several contaminated sites around the U.S. under a settlement reached with the U.S. Dept. of Justice. Announced on April 3, the total $5.15-billion settlement is the largest environmental enforcement recovery in the Justice Dept.'s history, the agency said. It will settle outstanding claims against the company and pay for the cleanup. A bankruptcy court in December found that the Kerr-McGee Corp., a subsidiary of Anadarko, moved its profitable oil-and-gas business to a second company and spun off its business with liabilities associated with environmental contamination into another company, Tronox, as a way to evade liability for environmental cleanup at several contaminated sites.