Petro Star Sues BP Over $20M In Tariff Refunds

Law360, New York (April 5, 2011, 5:06 PM EDT) -- Alaskan oil refiner Petro Star Inc. on Monday sued a BP PLC unit for breaching a contract to sell crude oil by refusing to refund $20 million in overcharges for intrastate tariff rates for using the Trans-Alaska Pipeline.

In a complaint filed Monday in the U.S. District Court for the District of Alaska, Petro Star accused BP Oil Supply Co. of incorporating high tariff rates into the price it charged for crude oil and later, when those rates were deemed unlawful and lowered, of failing to...
To view the full article, register now.




Case Information

Case Title

Petro Star Inc. v. BP Oil Supply Co.

Case Number




Nature of Suit

Contract: Other


Ralph R. Beistline

Date Filed

April 4, 2011

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.