Exxon Mobil Cleans Up Act

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Exxon Mobil Cleans Up Act

10/12/2005
WASHINGTON -- Exxon Mobil Corp. has reached an agreement with the federal government to reduce emissions at seven U.S. refineries at an estimated cost of $571 million, the government said Tuesday.

The oil company will also pay $8.7 million in civil penalties and spend an additional $9.7 million on environmental projects, the Environmental Protection Agency and the Justice Department said in a statement.

The refineries covered by the settlement are located in Louisiana, Texas, Montana, Illinois and California, and account for roughly 11 percent of U.S. refining capacity.

The agreement requires Irving, Texas-based Exxon Mobil to outfit these refineries with pollution-control technology capable of cutting harmful emissions by more than 53,000 tons per year, the government said.

Specifically, the company must reduce yearly emissions of nitrogen oxide by nearly 11,000 tons and sulfur dioxide by more than 42,000 tons.