The federal government announced a settlement of more than $240 million with Marathon Oil for air quality violations at its operations on the Fort Berthold Indian Reservation in North Dakota. The settlement mandates Marathon to reduce emissions, resulting in a pollution reduction of over 2.3 million tons. This initiative aims to improve air quality and reduce health risks for the Fort Berthold community and other areas in North Dakota. The company will invest $177 million in compliance measures to further cut emissions from its facilities. This case marks the first of its kind against an oil and gas producer for major source emissions violations under the Clean Air Act's Prevention of Significant Deterioration program.
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00:00It's Benzinga, and here's what's on the block.
00:02The federal government announced a settlement of more than $240 million with Marathon Oil
00:07for air quality violations at its operations on the Fort Berthold Indian Reservation in
00:12North Dakota.
00:13The settlement mandates Marathon to reduce emissions resulting in a pollution reduction
00:17of over 2.3 million tons.
00:20This initiative aims to improve air quality and reduce health risks for the Fort Berthold
00:24community and others in North Dakota.
00:26The company will invest $177 million in compliance measures to further cut emissions from its
00:32facilities.
00:33This case marks the first of its kind against an oil and gas producer for major source emissions
00:38violations under the Clean Air Acts Prevention of Significant Deterioration Program.
00:42For all things money, visit Benzinga.com.