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


Video
22 July 2026

Wartsila: ECAs need to up emerging market risk

TXF spoke with Andreas Back, Product Security Development Manager at Wartsila to outline the major challenges and opportunities for major EPCs tapping ECA support, as well as...

Perspective
24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines,...