Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Repsol Says Spanish Court Agrees to Hear Case Against Chevron

change text size

MADRID - A Spanish court has agreed to consider a lawsuit by Spanish oil company Repsol SA against Chevron Corp. over its cooperation with Argentina's YPF SA, a spokesman for Repsol said Monday.

YPF, Argentina's top oil and gas producer, signed an agreement with Chevron in September to explore for unconventional energy in the South American nation.

Argentina's government expropriated YPF from Repsol this year and hasn't publicly offered to compensate the Spanish company for the loss of its unit.

Repsol is seeking up to $10 billion in compensation and has pledged to challenge any YPF deals to develop its business with third parties.

Copyright (c) 2012 Dow Jones & Company, Inc.

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Most Popular Articles
From the Career Center
Jobs that may interest you
Sr. HSE Specialist (E&P Company) - West Texas
Expertise: Regulatory Compliance, Safety Officer
Location: Midland, TX
 
Sr. Reliability/Risk Engineer ( Upstream Oil & Gas)
Expertise: Drilling Consultant, Regulatory Compliance, Reliability Engineer
Location: Houston, TX
 
Environmental Coordinator - Air Issues
Expertise: Environmental Engineer, Environmental Safety & Training, Regulatory Compliance
Location: Anchorage, AK
 
search for more jobs