Post Tagged with: "Nationalization"

Source: Citgo

Venezuela Faces the Loss of Citgo – and Desperately Needed Dollars

From The Houston Chronicle

Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.

A U.S. appeals court ruled on Monday that …

July 31, 2019 - 6:05 am — Closing Bell Story‎, Crude Oil News, Economy, Energy News, Finance, International, Law, Politics & Opinions
ConocoPhillips Due $2.04 Billion from Venezuela: Tribunal

ConocoPhillips Due $2.04 Billion from Venezuela: Tribunal

Final and binding ICC award is for “Venezuela’s unlawful and uncompensated expropriation of ConocoPhillips’ investments”

ConocoPhillips (NYSE: COP) said that an international arbitration tribunal ruled it was due $2.04 billion from Petróleos de Venezuela, S.A. (PDVSA) and two of its …

April 26, 2018 - 4:00 pm — Closing Bell Story‎, Exploration and Production (E&P), International, Oil and Gas 360 Articles
Market Data copyright © 2020 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.