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ConocoPhillips Gulf of Paria B.V. v. Coporacion Venezolana Del Petroleo, S.A. et al

  1. May 01, 2023

    Venezuela Debts Suit To Move Ahead Despite Appeals

    The federal judge overseeing efforts by Venezuela's creditors to obtain a stake in Citgo is letting that litigation move forward amid a challenge from Venezuela's state-owned petroleum company, a crucial decision with the Biden administration close to approving a Citgo auction.

  2. July 14, 2022

    ConocoPhillips Says US Limits Won't Bar Citgo Attachment

    ConocoPhillips has urged the U.S. District Court in Delaware to approve an attachment order aimed at Venezuelan state-owned company shares of Citgo, arguing that approval would position a $48 million judgment for triggering when federal officials authorize the move or clear away prohibiting sanctions.

  3. June 30, 2022

    PDVSA Looks To Block ConocoPhillips' Asset Seizure Request

    PDVSA is asking a Delaware court to toss or stay litigation filed by ConocoPhillips targeting the Venezuelan state-owned company's shares in Citgo, pointing to an ongoing appeal that's set to resolve a thorny issue relating to U.S. sanctions that's arisen in several other related cases.