Pemex Must Post $593M Bond In Refinery Dispute

By Michael Lipkin (December 15, 2014, 8:38 PM EST) -- A New York federal judge on Friday ordered Mexico's state-owned oil firm, Petroleos Mexicanos, to post $593 million in security for an arbitration decision favoring a Siemens AG and SK Engineering & Construction Co. Ltd. joint venture over an oil refinery rehabilitation project....

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