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Murphy Oil Spill Class Settlement Approved

The Energy Law

The Turner case asserted claims for property damage resulting from a release of oil from tanks located at Murphy’s Meraux, Louisiana refinery after Hurricane Katrina. Approximately 25,000 barrels of oil were released, and washed by floodwaters into the residential neighborhoods surrounding the refinery. Murphy Oil U.S.A.,

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Fifth Circuit Vacates $6 Million Clean Water Act Penalty

The Energy Law

The case relates to a 2006 oil spill which occurred at CITGO’s Lake Charles, Louisiana, refinery. This opinion from the Fifth Circuit is likely to have wide-ranging effects on CWA penalty cases. The CITGO case may continue to provide insight as it progresses on remand and any subsequent appeals. CITGO Petroleum Corp.,

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New Judge, Same Result – $81 Million CWA Civil Penalty Appealed

The Energy Law

Charles refinery. As a result, Judge Haik imposed a civil penalty of $1,500 per barrel spilled – for a total of $81 million – and significantly increased the penalty of $111 per barrel in his original judgment. The EPA sought a penalty of $4,300 per barrel. In the original judgment , U.S. CITGO Petroleum Corp.,

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Nigeria Oil Industry Overview

Drillers

billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. According to estimates from human rights groups, millions of barrels have leaked or spilt in the Niger Delta over the years.

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Risk weighting oil in the current climate

Oilholics Synonymous Report

The last few weeks have been relentless in terms of geopolitical developments and their impact on the oil market - albeit a somewhat oversupplied one with plenty of barrels to more than meet global demand. Now, if its a case of simple mathematics, Iran's 1.7

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