Oneok $930mn downstream claim settlement lower than feared
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Oneok $930mn downstream claim settlement lower than feared

downstream-energyjpg-resized-v2.jpg

Oneok has settled its downstream claim relating to the explosion at a plant in Oklahoma for $930mn, a sum substantially below earlier fears in the market.

The agreement comes as welcome news to loss-hit downstream underwriters, who are counting the cost of numerous substantial claims in 2022.

In

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article