US Oil Concern Anadarko Petroleum: Record level Compensation Payment

The US oil company Anadarko Petroleum has agreed to pay a record 5.15 Billion Dollars (3.75 Billion Euros) in response to severe environmental damage resulting from its operations. The US government originally set the compensation at 20 Billion Dollars, due to its concern over the Anadarko subsidiary Kerr-McGee. In the last 85 years 2,700 US American territories have been contaminated with chemicals, including the contamination of Lake Mead by rocket fuels, the storage of radioactive waste in Native American territories and the contamination of other areas with carcinogenic substances, as reported by ‘20 min’. According to the New York Times over 8,000 people will be compensated who suffer from respiratory ailments and cancer due to contamination. 

 

Relevant ‘The Wall Street Journal’ article here.

Here more information due to Anadarko, their shareholders and investment funds.

More German-speaking information you’ll find here:

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