Chevron Knocks DOE's Math In Oil Property Suit

Law360, New York (January 23, 2012, 7:42 PM EST) -- Chevron USA Inc. accused the federal government on Friday of ignoring a Court of Federal Claims order and lowballing the oil company on how much in damages the U.S. Department of Energy should pay for allegedly tainting negotiations over the division of a jointly owned California oil field.

Chevron, which wants more than $70 million in damages, claimed that the government's damages proposal of $7.3 million was much too low and accused the DOE of ignoring a judge's order to submit alternative damages scenarios for the...
To view the full article, register now.