United States Court of Appeals,Fifth Circuit.
BP OIL INTERNATIONAL, LTD., and BP Exploration & Oil, Inc., Plaintiffs-Appellants, v. EMPRESA ESTATAL PETROLEOS DE ECUADOR (PetroEcuador), et al., Defendants, Empresa Estatal Petroleos de Ecuador (PetroEcuador) and Saybolt, Inc., Defendants-Appellees.
Decided: June 11, 2003
Empresa Estatal Petroleos de Ecuador (“PetroEcuador”) contracted with BP Oil International, Ltd. (“BP”), for the purchase and transport of gasoline from Texas to Ecuador. PetroEcuador refused to accept delivery, so BP sold the gasoline at a loss. BP appeals a summary judgment dismissing PetroEcuador and Saybolt, Inc. (“Saybolt”), the company responsible for testing the gasoline at the port of departure. We affirm in part, reverse in part, and remand.