Bankrupt oil company wants payments back
http://fuelfix.com/blog/2015/07/22/bankrupt-oil-company-wants-payments-back/#31510101=0
The city of Homer is filing a response to a request from an oil company seeking the return of thousands of dollars in previous payments to businesses.
The Homer News reports Australian company Buccaneer Oil filed for Chapter 11 bankruptcy in May of last year. The city, Homer Electric Association and several business received letters from the company’s trustee saying preferential payments made to them in the 90 days before the bankruptcy filing had to be returned.
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Oil Rigs Left Idling Turn Caribbean Into Expensive Parking Lot
http://www.rigzone.com/news/oil_gas/a/139759/Oil_Rigs_Left_Idling_Turn_Caribbean_Into_Expensive_Parking_Lot#sthash.3RCCh6dQ.dpuf