Saturday, 17 September 2011

BP to Pay $20.5M to Settle Royalties Case

Six BP Plc (BP/) units will pay $20.5 million to resolve claims they knowingly underpaid royalties on natural gas drawn from leased federal and Indian lands, the U.S. Justice Department said. The companies, including U.S.-based BP Corp. North America Inc., Amoco Production Co. and Atlantic Richfield ...


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