MARKETS

PTTEP appeals $300M Montara lawsuit loss

THAILAND's state-owned oil and gas company PTTEP has appealed a class action lawsuit it lost in March last year worth over $300 million.

 Montara-PTTEP-explosion.jpg

Montara-PTTEP-explosion.jpg

  PTTEP was ordered to pay the damages to 15,000 Indonesian seaweed farmers who lost their crops after a massive oil spill in 2009.  Claimants pursued PTTEP in a class action lawsuit led by Maurice...

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