You are here

BP takes Monroe Energy to court for alleged wrongful termination of contract

Wednesday, April 19, 2017 - 05:50

BT_20170419_NAHBP1953OV_2845162.jpg
The dispute with Monroe marks at least the second time in the past two years that BP has been accused by a refiner of supplying lesser-grade crudes.

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,

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom