The 1989 Valdez accident was one of the lowest points in ExxonMobil's 125-year history. However, we took immediate responsibility for the spill and have spent over $3.8 billion as a result of the accident, including compensatory payments, cleanup payments, settlements and fines.
The Supreme Court today ruled on legal questions relating to punitive damages and the Valdez oil spill.
U.S. Supreme Court hears Valdez appeal
ExxonMobil this week made its case in the United States Supreme Court on the question of whether punitive damages are applicable in the Exxon Valdez oil spill case.
U.S. Supreme Court to hear Valdez appeal
The United States Supreme Court has advised it will hear ExxonMobil's appeal against a $2.5 billion punitive damages award in a class action relating to the 1989 Exxon Valdez accident.
9th Circuit Court of Appeals ruling on Valdez
On December 22, 2006, the 9th U.S. Circuit Court of Appeals in San Francisco cut the Valdez punitive damages award from $4.5 billion to $2.5 billion.
Cohen responds to CBS Evening News segment on Exxon Valdez oil spill![]()
In response to the program CBS Evening News ran on the 17th anniversary of the Exxon Valdez oil spill, I would like to set the record straight.
Anchorage Daily News, letter to the editor
ExxonMobil's presence in Alaska is long and extensive. We've been conducting business in Alaska for 50 years and have invested billions of dollars into the state's economy.
ExxonMobil sets Valdez record straight
ExxonMobil Vice President for Public Affairs Ken Cohen reacted today to comments that have been made in Alaska's senatorial race regarding the Valdez punitive damages case.
ExxonMobil has dramatically reduced the risk of oil spills through implementation of a variety of rigorous measures.
Changes ExxonMobil has made to prevent another accident like Valdez
In the aftermath of the Exxon Valdez accident, ExxonMobil redoubled its long-time commitment to safeguard the environment, employees and operating communities worldwide.
ExxonMobil supported scientific review of Prince William Sound
ExxonMobil has contracted independent scientists with impeccable credentials who are among the world's leading experts in their fields.