News
27 November 2019

ConocoPhillips seeks seizure of Citgo parent to collect on PDVSA award

In:
Oil & gas
Region:
Americas

On 26 November, ConocoPhillips filed a motion seeking to seize shares in the parent of refiner Citgo Petroleum to collect on an arbitration award against Venezuelan state-owned PDVSA. Last year, the International Chamber of Commerce awarded ConocoPhillips $2 billion as compensation for...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
23 March 2026

Export and commodity finance volumes balloon in 2025 as...

TXF has published its 2025 data reports for the export and commodity finance industries. Borrowers are raising bigger deals as geopolitical pressures increase supply chain...

Perspective
27 March 2026

Has the ECA untied lending bubble burst?

Untied export finance volumes dropped significantly in 2025 compared to recent years despite a vintage year for ECA business. Is the fall in activity anomalous, cyclical, or...