BP takes Monroe Energy to court for alleged wrongful termination of contract
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
