Exxon ordered to pay $6.75bn over oil spill

A FEDERAL judge has ordered Exxon Mobil to pay about $6.75 billion to thousands of Alaskans affected by the 1989 Exxon Valdez oil spill.

Exxon ordered to pay $6.75bn over oil spill
Fri, 30 Jan, 2004 - 00:00

The ruling is the latest of several damage awards in the case over the past decade the result of successful appeals in federal court by Exxon. The company plans to appeal again.

Wednesday's ruling by US District Judge Russel Holland ordered the Irving, Texas-based company to pay $4.5bn in punitive damages and an estimated $2.25bn in interest.

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CourtsPlace: Irving, TexasPlace: Prince William SoundPerson: AlaskansPerson: US District JudgePerson: Russel HollandPerson: Tom CiriglianoPerson: JudgePerson: HollandPerson: GovernorPerson: Frank MurkowskiEvent: 1989 Exxon ValdezOrganisation: ExxonOrganisation: Exxon MobilOrganisation: 9th US Circuit Court of AppealsOrganisation: Supreme CourtOrganisation: 9th Circuit
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