Occidental to pay record $18.25M fine to COGCC for 2017 Firestone explosion
DENVER and FIRESTONE — Occidental Petroleum Inc. (NYSE: OXY) will pay an $18.25 million fine to Colorado’s oil and gas authorities for failing to prevent a 2017 gas line explosion that killed two people and injured two others in Firestone.
In a violation notice released Thursday morning, the COGCC accuses Occidental of failing to disconnect and maintain the safety of an abandoned gas line that was later cut and filtered natural gas into a home 6312 Twilight Ave. in Firestone. Occidental will not contest the fine, the company said.
The COGCC said the fine is the…
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