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...

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