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Exxon Valdez was an oil tanker that gained notoriety after running aground in Prince William Sound, spilling her cargo of crude oil into the sea. On 24 March 1989, while owned by the former Exxon Shipping Company, captained by Joseph Hazelwood and First Mate James Kunkel, [3] and bound for Long Beach, California, the vessel ran aground on the Bligh Reef, resulting in the second largest oil ...
The Exxon Valdez oil spill was a major environmental disaster that occurred in Alaska's Prince William Sound on March 24, 1989. The spill occurred when Exxon Valdez, an oil supertanker owned by Exxon Shipping Company, bound for Long Beach, California, struck Prince William Sound's Bligh Reef, 6 mi (9.7 km) west of Tatitlek, Alaska at 12:04 a.m.
The Valdez Blockade was a 1993 protest by Cordova fishermen who blockaded the Valdez Narrows in an attempt to obtain funding for research and restoration efforts relating to decreasing yields of pink salmon and herring in Prince William Sound following the Exxon Valdez Oil Spill. The fishermen were dissatisfied with the Exxon Valdez Oil Spill ...
The fund was created in 1986, but use of the fund was not authorized until the Oil Pollution Act's passage in 1990. [12] The funds may be called upon to cover the cost of federal, tribal, state, and claimant oil spill removal actions and damage assessments as well as unpaid liability and damages claims.
Exxon is a leader in making money in the oil patch. ... and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. ...
Exxon Shipping Co. v. Baker, 554 U.S. 471 (2008), was a case decided by the Supreme Court of the United States.The Court ruled in a 5-3 decision that the punitive damages awarded to the victims of the Exxon Valdez oil spill should be reduced from $2.5 billion to $500 million.
It pays a slightly smaller dividend of 3.1% but has a slightly better forecast growth rate of 7%. And at a valuation of just 13 times earnings, Conoco stock is a bit cheaper than Exxon. My ...
In March 2009, a Baltimore County, Maryland, jury awarded the nearly 300 plaintiffs $150 million. [3] [4] The awards consisted of $300,000–$1,000,000+ for the value of their homes, $4,000–500,000 for medical expenses or monitoring depending on family size and age of its members, and an average of $1 million for emotional stress.