Murphy Oil to settle spill claims

Arkansas-based Murphy Oil has agreed to settle a class-action lawsuit for $330 million to cover damages from an oil spill caused by Hurricane Katrina last year, the company and lawyers for the plaintiffs said today.

Storm hit: Murphy's Meraux refinery
Storm hit: Murphy's Meraux refinery
Published 25 September 2006, 22:22Updated 27 June 2012, 11:15
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