Several BP plc subsidiaries have agreed to pay the United States $20.5 million to resolve claims that they violated the False Claims Act by knowingly underpaying royalties for natural gas produced on federal and American Indian leases, the Department of Justice (DOJ) said Friday.
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Shell Settles in Long-Running Royalty Case
Shell Oil Co. and some of its affiliates have agreed to pay the United States $2.2 million to resolve claims that they violated the False Claims Act by underpaying royalties owed on natural gas produced from federal leases. It is the latest settlement in a long-running whistle-blower case.
Alabama High Court Rules for Exxon in Natural Gas Dispute
The Alabama Supreme Court has struck down a lower court ruling that ExxonMobil Corp. owed the state $3.6 billion for fraud and for underpaying the state in a contract dispute over natural gas pumped from Alabama-owned waters in Mobile Bay.
FERC OKs AmerenUE Bid to Buy Affiliate Plants; Fleshes Out Policy on Affiliate Acquisitions
FERC last week gave the green light to a proposal that will allow Ameren Energy Generating Co. (AEG) to move forward with the sale of two generating units to affiliate AmerenUE.