Marathon Oil Co. had no obligation to deliver natural gas during a catastrophic winter storm in 2021, a Texas business court ruled Tuesday.
The take-nothing order for Mercuria Energy America, which sought $26.5 million in damages, came during the first trial the court has heard since opening in September 2024.
Marathon, now owned by ConocoPhillips, “made reasonable efforts to avoid the adverse impacts” but freezing temperatures during Winter Storm Uri limited its ability to process and transport gas, Judge Melissa Andrews wrote in the order.
Extreme weather is a valid reason for failing to meet the terms of ...
