Oil refiner Phillips 66 has paid $2 million to resolve the claim that the oil firm deceived a state fund for cleaning up damage from leaking fuel storage tanks. Phillips 66 is one of the three companies that has been accused of double-dipping the fund by the state. The other two are Chevron and BP Amoco. While Chevron has given $1.8 million in an out-of-court settlement, a case remains … [Read more...]
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