IHS Chemical Week

People & Business :: Companies

BP to Spend $370 Million to Settle Safety and Price-Fixing Probes

2:33 PM MDT | October 25, 2007 | Michelle Bryner and Kara Sissell

BP has agreed to pay an estimated $370 million to settle three major U.S. investigations into company wrongdoing: safety violations at its Texas City, TX site; propane price-fixing charges; and environmental fines related to leaks at the company’s Prudhoe Bay, Alaska pipeline, officials say. The agreement includes a $50 million penalty for criminal violation of EPA’s Risk Management Plan (RMP) requirements in connection with the March 2005 explosion at its Texas City refinery that killed 15 workers and injured more than 170. It is the first time a...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa