The United States-based oil and gas giant, Exxon Mobil Corporation, has been ordered to pay $507.5 million in punitive damages plus interest for the oil spill that occurred off Alaska in 1989.

Clean-up of Exxon Valdez Oil Spill in Alaska

Clean-up of Exxon Valdez Oil Spill in Alaska

The order issued by the Ninth US Court of Appeals in Pasadena, California, was consistent with the figure suggested by the Supreme Court in 2008.

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