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BP facing US$20m fine over price rigging at natural gas hub in Texas

Wednesday, July 13, 2016 - 05:50

New York

BP PLC faces more than US$20 million in penalties and surrendered profits after a US regulator found that the energy giant manipulated commodity markets in Texas.

The Federal Energy Regulatory Commission (FERC) said that BP rigged prices at a Texas natural gas hub in 2008

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