In 2004 Hurricane Ivan started an oil spill from a Taylor Energy Co platform in the Gulf of Mexico. Oil is still spilling and the leak has cost Taylor millions.
Taylor Energy Company LLC (Taylor Energy), a Louisiana oil and gas company, has agreed to turn over all its remaining assets to the United States upon liquidation to resolve its liability for the oil spill at its former Gulf of Mexico offshore oil production facility the source of the longest-running oil spill in U.S. history, ongoing since 2004.
Louisiana oil and gas company Taylor Energy will be liquidated and required to turn over all its remaining assets to the United States to resolve its liability for an oil spill at its former Gulf of Mexico offshore oil production facility the source of the longest-running oil spill in U.S. history which has been ongoing since 2004.