May today's oil CEOs recognize they don’t want to be remembered the way Exxon was, and stay out of the Arctic National ...

The oil giant Exxon Mobil has reached a settlement to pay out damages for its 1989 oil spill in Alaska. Exxon says it will pay out $380 million in damages and contest the remaining $70 million in ...

On March 24, 1989, just after midnight, a massive oil tanker ran aground in one of the most pristine marine environments in North America. Within hours, black crude oil was spreading across the icy ...

A federal appeals court yesterday overturned a $5 billion punitive damages award against Exxon Mobil Corp. in the worst oil spill in U.S. history -- the 1989 Exxon Valdez disaster -- and ordered a ...