Pemex Fights KBR's $355M Contract Win In 2nd Circ.

By Richard Vanderford (February 2, 2012, 7:57 PM EST) -- Mexican state oil company Petroleos Mexicanos on Thursday urged the Second Circuit to overturn an order that it pay $355 million to KBR Inc. for backing out of an offshore drilling project, saying Mexico's courts do not recognize KBR's win....

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