Thursday, 16 February 2012
The US Department of Justice has for the first time sued oil and gas companies for allegedly rigging bids on mineral rights leases sold by the US Bureau of Land Management.
Tuesday, 10 January 2012
Romania’s Competition Council has fined four oil companies a record 880 million lei (€257 million) for an illegal agreement with four other companies.
Monday, 07 November 2011
Argentine oil company Bridas has dropped its bid to buy BP’s 60 per cent stake in Pan American Energy, saying it was unable to gain a ruling on the deal from Argentina’s National Commission for the Defence of Competition (CNDC).
Thursday, 18 August 2011
The UK’s Office of Fair Trading (OFT) has approved a three-to-two merger between oil and gas engineering companies Acergy and SubSea 7, after the companies agreed to divest one of Acergy’s assets to a rival.
Wednesday, 22 June 2011
The US Federal Trade Commission has launched a formal antitrust investigation of the petroleum industry to determine whether anti-competitive conduct has led to drastic hikes in US petroleum prices, and profit margins for producers.
Premium Article - Thursday, 24 February 2011
Two Texas-based antitrust teams have taken the lead for oil companies Holly Corporation and Frontier Oil as they wind their way through a regulatory review of their multi-billion dollar merger.
Premium Article - Thursday, 10 February 2011
Russia’s Federal Antimonopoly Service (FAS) announced yesterday it is investigating three of the country’s five largest oil companies over alleged price fixing on domestic diesel and aviation fuel.
Premium Article - Thursday, 10 February 2011
An appeals court ruling has scotched attempts by US citizens to file class actions against foreign national oil companies.
Premium Article - Monday, 24 January 2011
India's Competition Commission (CCI) has accepted an order from Delhi’s High Court to stay an investigation of three state-owned oil companies on jurisdictional grounds.
Premium Article - Monday, 29 November 2010
Russian oil giant Rosneft has withdrawn its appeal against a Federal Antimonopoly Service (FAS) fine for alleged abuse of dominance in the petroleum industry.
Premium Article - Monday, 08 November 2010
Russia’s Supreme Commercial Court has overturned a lower court decision, reinstating a Federal Antimonopoly Service fine against oil company Lukoil. It also extended the time available to the FAS to bring proceedings against the company.
Premium Article - Tuesday, 02 November 2010
Russia’s Eighth Arbitration and Appeals Court in Omsk has reduced oil producer TNK-BP’s antitrust fine for alleged abuse of dominance in the Russian petrol market by almost 75 per cent.
Premium Article - Thursday, 26 August 2010
US oil field services company Baker Hughes has gained final antitrust approval to sell two of its sand-removal vessels and other related assets in the Gulf of Mexico.
Premium Article - Thursday, 22 July 2010
In an attempt to shore up funding to rectify the Deepwater Horizon oil spill in the Gulf of Mexico, British Petroleum (BP) has struck a deal to sell off US$7 billion in assets in a series of deals that will require antitrust review in the US and Canada.
Premium Article - Friday, 16 July 2010
India’s Competition Commission has received a complaint from industrial enterprise Reliance Industries over alleged cartel activity by state-owned oil companies in the aviation fuel market.
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