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US increases liability limit for oil spill damage

The US Bureau of Ocean Energy Management has increased the liability limit for oil-spill related damages from offshore operations from $75mn to $134mn. It is the maximum increase allowable under the 1990 Oil Pollution Act.

News Item details


Journal title: Petroleum Review

Region: North America

Countries: USA -

Subjects: Environment, Policy and Governance, Law and Legal practice, Oil, Exploration and production

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