BP Accuses Former Oil Analyst Of Stealing Trade Secrets

Reuters

NEW YORK, May 12 (Reuters) - BP Plc has sued a former U.S. oil analyst for allegedly stealing trade secrets and other confidential information, according to court filings.

BP's oil trading division alleged that Joseph Giljum, a crude oil analyst who left the company in April, compiled over 950 business files containing confidential and valuable information and uploaded the files to his personal Amazon Cloud Drive.

Giljum did not immediately respond to a request for comment.

The British oil major said that Giljum, who was based at its Chicago office, used the information to negotiate a new job with a competitor, according to the filing late April with the U.S. District Court in the Northern District of Illinois.

The competitor, Mercuria, is not named in the suit.

BP seeks the return of its information, to block Giljum from working in another similar capacity, and other damages. BP declined to comment. Mercuria did not immediately respond to a request for comment.

(Reporting by Catherine Ngai; Editing by Andrew Hay)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Joe | May. 13, 2017
Who is out there to police the operations expenses charged by BP from working interest owners in the forced pool of a well drilled over seven years ago? The well should have returned all drilling and completion cost expenses to BP, yet none of those in the forced pool have received a single payment. They watch their employees, WHO IS WATCHING THEM???

Scott Southerland | May. 13, 2017
Isn't that the pot calling the kettle black?


Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours