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What will be Marathon Oil's market cap ranking among oil and gas companies by December 31, 2024?
3
Marathon Oil•Fort Berthold Indian Reservation•North Dakota•Clean Air Act•Environmental Protection Agency•EPA•Justice Department
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Financial market data from sources like Bloomberg or Reuters
Story
Marathon Oil Reaches Record $241 Million Settlement for Clean Air Act Violations, Includes $64.5 Million Penalty
Jul 11, 2024, 09:08 PM
U.S. officials have announced a record $241 million settlement with Marathon Oil over alleged air pollution violations at dozens of the company's oil and gas facilities on the Fort Berthold Indian Reservation in North Dakota. The settlement, part of an ongoing crackdown on environmental violations, includes a civil penalty of $64.5 million for Clean Air Act violations. The Environmental Protection Agency (EPA) and the Justice Department were involved in reaching this agreement. The settlement also mandates environmental equipment upgrades at Marathon Oil's facilities to address the violations.
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