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BP takes Monroe Energy to court for alleged wrongful termination of contract
Published Tue, Apr 18, 2017 · 09:50 PM
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New York
BP Plc has accused Monroe Energy of wrongfully terminating a crude supply contract in 2016, costing the oil major at least US$59 million in damages, according to a US federal court filing.
BP said in the filing that Monroe Energy, a subsidiary of Delta Air Lines, terminated the contract after misinterpreting a provision regarding the blending of crude oils.
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