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September 3, 2014

Halliburton to Pay $1.1 Billion Fine for 2010 Gulf Oil Spill 
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The contracting giant Halliburton has agreed to pay a $1.1 billion fine
for its role in BP's 2010 oil spill in the Gulf of Mexico, the worst in
U.S. history. A White House panel found BP and Halliburton ignored
critical design flaws in the Macondo well's cementing just before the
explosion. Halliburton later pleaded guilty to destroying evidence
relevant to the investigation. The bulk of Halliburton's settlement
money will go to local residents and businesses.

 

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