October 19, 2018
A proposed class of natural gas royalty owners asked Friday for final approval of a $221 million deal, including $147 million in cash and policy changes resulting in tens of millions more in royalties, settling claims in Oklahoma federal court that a BP PLC unit underpaid them royalties.
September 28, 2016
A BP PLC unit was hit with a proposed class action in Oklahoma federal court Wednesday for allegedly stiffing natural gas royalty owners by improperly deducting processing costs to make the gas marketable for sale.