BP Prudhoe Bay enters $29.5M settlement
BP Prudhoe Bay Royalty Trust said May 12 it entered into a $29.5 million settlement agreement with BP Exploration (Alaska) Inc., a unit of British oil company BP PLC.
BP Exploration will pay the $29.5 million to the trust.
The settlement, signed May 8, is related to the temporary shutdown of the Pru....
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