Tag: Oil
Court Hits Anadarko With $159M Fine for Deepwater Horizon Disaster
NEWS
Anadarko Petroleum Corp. must pay a $159.5 million civil fine for its role in the 2010 Gulf of Mexico oil well whose blowout that caused the largest U.S. offshore oil spill, reports Reuters.
West Texas Jury Awards $43 Million in Oil and Gas Lease Breach of Contract
NEWS
Jury found that a group of oil and gas investors’ business partners had breached fiduciary duties by crediting themselves for financial contributions they never made.