- OIL & GAS
BP Amoco is expected to spend more than $500 million on pollution control technologies and work practices at nine facilities to reduce all emission sources — from stacks, leaking valves, wastewater vents and flares. Koch Petroleum Group will invest up to $80 million at three refineries to reach the same goals.
BP Amoco also agreed to pay a $10 million penalty and Koch agreed to pay a $4.5 million penalty. In return, EPA has offered a "clean slate" for certain past violation, according to a statement issued by the agency.