HOUSTON/CARACAS (Reuters) - A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum's assets surpass $20 billion, ma.
A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum's assets surpass $20 billion, making it difficult for the Houston-based refiner to compensate them all, the chief of a board supervising the company said on Wednesday.
A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum's assets surpass $20 billion, making it difficult for the Houston-based refiner to compensate them all, the chief of a board supervising the company said on Wednesday. However, some payments can be negotiated, said Horacio Medina, head of the board that since 2019 oversees the refiner, referring to a long-standing legal battle that could prompt the break up of the seventh largest U.S. refiner.
Claims pursuing Citgo's assets surpass $20 billion -supervisory board streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
US court is urged to fast-track sale of Citgo lapatilla.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lapatilla.com Daily Mail and Mail on Sunday newspapers.