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The penalty exceeds the .6 billion financial blow BP Plc incurred after the Deepwater Horizon disaster in 2010 killed 11 rig workers and fouled the Gulf of Mexico with crude for months, and is more than 70 times larger than the 7.5 million Exxon was ordered to pay fishermen and other victims of the 1989 Valdez oil spill in Alaska.
The Chadian court imposed the fine after the Finance Ministry said a consortium led by Irving, Texas-based Exxon hadn’t met tax obligations.