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Violation Tracker Individual Record

Company: Anadarko Petroleum Corp.
Current Parent CompanyOccidental Petroleum
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Penalty: $5,150,000,000
Year: 2015
Date: January 23, 2015
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: A settlement reached with Anadarko Petroleum Corp.and Kerr McGee went into effect, allowing funds to be disbursed for cleanups across the country. This settlement resolved fraudulent conveyance claims brought by the United States and the Anadarko Litigation Trust, the trust against Anadarko Petroleum Corporation and its affiliates, the defendants, in the bankruptcy of Tronox Inc. and its subsidiaries. The defendants paid $5.15 billion, plus interest, to the trust. The trust was expected to distribute more than $4.4 billion to fund environmental clean-up and for environmental claims.
Level of Government: federal
Action Type: agency action
Agency: Environmental Protection Agency referral to the Justice Department
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oil and gas
Specific Industry of Current Parent: oil & gas
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.