Apache hit with $2.7m GOM fine

A US regulator has hit Apache Corporation with a $2.7 million fine on an alleged bogus deduction apparently unearthed in an audit of royalty calculations.

Gulf fine: US regulators claim independent failed to correct accounting error
Gulf fine: US regulators claim independent failed to correct accounting error
Published 23 October 2013, 23:09Updated 11 October 2016, 13:44