EGAS Exempted from $270m Fine for Damietta Gas Cuts

• Tuesday, 14th June 2016
• by Egypt Oil & Gas

The Paris-based International Court of Arbitration has declared that The Egyptian Natural Gas Holding Company (EGAS) will be exempted from paying a $270m fine related to gas cuts at its foreign-owned LNG plant in Dam ...

US State of California Orders $1.6Bn Fine for Natural Gas Utility

• Friday, 10th April 2015
• by Egypt Oil & Gas

California regulators imposed the largest penalty for a U.S. natural-gas utility, ordering PG&E Corp. to pay $1.6 billion for failures that led to a deadly 2010 natural gas pipeline explosion in a San Francisco suburb.

Oil Service Company Schlumberger Fined More Than $200 Million By US

• Thursday, 26th March 2015
• by Egypt Oil & Gas

The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.