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$90 Million MOEX Settlement for Deepwater Horizon Oil Spill

As part of the settlement, MOEX will spend $20 million for land acquisition projects in several Gulf States that will preserve in perpetuity habitat and resources important to water quality. MOEX has also agreed to pay $70 million in civil penalties, of which, $45 million will go to the United States. This is the largest civil penalty ever recovered under the Clean Water Act. Continue reading

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