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Chevron to pay over $13 million in settlement for California oil spills

Chevron will pay $13.1. million in settlement contracts with two California state. firms for previous oil spills in Kern County, Bakersfield, the. California natural resources company stated on Wednesday, as the. significant oil producing state enhances regulations.

Chevron, which has already spent for the clean-up costs for. its oil spills in 2019, will pay $5.6 million to the California. Department of Conservation, and $7.5 million to California. Department of Fish and Wildlife (CDFW), the company stated in a. declaration.

Chevron spilled a minimum of 800,000 gallons of oil and. water into a creek bed in Kern county in 2019, according to. regional media.

The state agency's report states that this is the biggest fine. to date for the two departments in California.

The settlements show our continuing dedication to. take action to resolve problems and avoid comparable incidents in. the future, Chevron stated in an emailed action to .

Of the cash collected, $5.6 million will go towards ongoing. work to plug old, orphaned wells and $7.5 million will go. towards ecological enhancement tasks, oil wildlife. response readiness and future spill response financing, the. report included.

CDFW recorded over 70 oil spills in between 2018 and 2023 in. Kern County attributable to Chevron, which represented more. than 446,600 gallons (10,633 barrels) of oil spilled, according. to the report.

As the most populated U.S. state fights versus environment. modification, oil giants Exxon and Chevron have made a note of. $ 5 billion to impair existing assets in California. Authorities. remarks from both companies reveal their discontent with the. state's regulatory policies.

The state of California has actually seen numerous oil spills. starting from a devastating oil well blowout in Santa Barbara in. 1969 to Magnify Energy's overseas spill in 2021 that needed it. to pay $50 million in settlements.

In 2015, the state

taken legal action against significant oil business

implicating them of soft-pedaling the risks posed by fossil. fuels, after

dozens of claims

were submitted in previous years against the industry across. the U.S.

(source: Reuters)