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Fifth Circuit Recognizes Gas Purchaser’s Right to Cancel Contract Due to Title Dispute

The Energy Law

12, 2009), a panel of the United State Court of Appeals for the Fifth Circuit heard an action arising from a contract to supply natural gas condensate in south Texas. Flint Hills, a crude oil refiner, agreed to purchase Mexican condensate from JAG. JAG Energy, Inc., 08-20152, F.3d 3d , 2009 WL 336129 (5th Cir.

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BP Enters Into Series of Azerbaijan Deals

Rigzone

In a statement posted on its website in February, BP announced a “fundamentally reset strategy” This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition, the company noted in that statement.