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Chevron and PTTEP head back to arbitration

CHEVRON Corporation and Thai state oiler PTTEP have resumed arbitration over something increasingly familiar: liability and decommissioning costs in what could be a precedent-setting case. 

 The Erawan field. Credit: Chevron

The Erawan field. Credit: Chevron

        Reuters reported Friday the two had re-entered the process over who is responsible for decommissioning and liability costs at the legacy Erawan field.     Chevron will leave the field...

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