Tag: Chavez

ConocoPhillips sues Venezuela’s PDVSA, calls bond swap ‘fraudulent’

ConocoPhillips Venezuelan assets taken over in 2007 by Chavez gov’t By Brian Ellsworth and Alexandra Ulmer Oct 7 (Reuters) – Subsidiaries of U.S. oil company ConocoPhillips have sued Venezuelan state oil company PDVSA in Delaware, according to a court filing, accusing it of fraudulent operations involving its U.S. subsidiary Citgo. ConocoPhillips said in an Oct. […]