U.S. fines Exxon $2.63M for Arkansas oil pipeline leak

• Exxon Mobil (NYSE:XOM) is fined $2.63M by the U.S. Pipeline and Hazardous Materials Safety Administration for spilling crude oil in an Arkansas residential area in 2013.
• The Pegasus pipeline spilled ~5K barrels of oil in a residential neighborhood near Mayflower, Ark., and the agency tells XOM in a letter that when the civil penalty is paid and terms of a compliance order are completed, the enforcement matter will be closed.