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Saturday, April 28, 2012

Hess to Pay USD 850,000 Fine for Violating Air Pollution Standards at N.J. plant

Hess (HES) is to pay an $850,000 civil penalty to resolve federal Clean Air Act violations at the refinery as part of the settlement with the federal Environmental Protection Agency, U.S. Department of Justice, and the DEP. The settlement is the result of a negotiated agreement with Hess. In addition, the Hess Corporation is expected to make about $45 million in pollution control upgrades at its Port Reading oil refinery near Woodbridge. Read the official press release from New Jersey's DEP. Hess is a Global Compact participant since 2002/08/31.

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