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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.
Oil Prices Determine Exxon's Stock Price. Time Out for a Safety Minute! The Exxon Valdez incident ignited a fervent obsession with safety and risk, Coll reports. So focused on safety is the ...
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 ...
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 ...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW.
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.
By comparison, the Exxon Valdez oil spill was approximately 11 million US gallons (42,000 m 3). [11] The study reported that in the early 20th century Standard Oil of New York operated a major refinery in the area where the spill is located.