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Key Energy Services to pay $5M to settle bribes case

HOUSTON (AP) — A Houston energy company will pay $5 million to settle U.S. allegations of bribing a contract worker for Mexico’s state-owned oil company, Pemex. The Securities and Exchange Commission reached the agreement with Key Energy Services Inc. The case involve $229,000 in payments by subsidiary Key Mexico from 2010 through 2013. Key Energy, in the settlement, does not ...

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