The U.S. Court of Appeals for the Fifth Circuit has swatted back an attempt by one of the world's largest energy companies to avoid over $216 million in potential federal civil penalties for allegedly attempting to manipulate the natural gas markets.
June 12, 2017 at 04:00 AM
1 minute read
The U.S. Court of Appeals for the Fifth Circuit has swatted back an attempt by one of the world’s largest energy companies to avoid over $216 million in potential federal civil penalties for allegedly attempting to manipulate the natural gas markets.
The background to the Fifth Circuit’s recent decision in Total Gas & Power North America v. Federal Energy Regulatory Commission is as follows.
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