Hints and tips:
...That latter decision was taken to support Venezuelan opposition leader Juan Guaidó, who has been trying to keep Citgo in Venezuelan hands so that it can be used to reconstruct the country in the event that...
...Crucial issues in the case were whether the men were warned of the risk of a tsunami that was higher than the plant’s seawall and whether they could have acted to avert the disaster if they had followed...
...Crystallex therefore went after Citgo as compensation, arguing that PDV Holding Inc, which is owned by Venezuela’s state-owned oil company PDVSA, is essentially an “alter ego” of the Venezuelan state....
...It would have opened the door to holders of defaulted Venezuelan sovereign bonds also to seek to seize PDVSA assets, potentially including those of Citgo, its US refining subsidiary....
...On October 31, for example, right after PDVSA makes a $1bn principal payment on a bond maturing on October 28, the government must pay $600m to Gold Reserve Inc, a Canadian gold miner, in partial settlement...
...ConocoPhillips last week filed a lawsuit accusing PDVSA and its US subsidiary Citgo of fraud, pointing to the planned swap as one example of their efforts to avoid paying damages in connection with Conoco...
...They are taking PDV America, Inc and changing its name to Citgo Holding, Inc, which will issue the debt above Citgo Petroleum Corporation. Here is the ownership structure before the name change: 2....
...The old, drab, moss-covered seawall has been replaced by a landscaped “stepped” bank that leaves the sightlines between the beach and promenade open....
...Chubu said after the March accident that it would build a new 12-metre seawall at the plant, then increase the planned height to 15 metres....
...Chubu is planning to build a new 15-metre seawall at Hamaoka to protect the plant from tsunami....
...Chubu says the ground directly underneath is solid, and has announced plans to build a new 12-metre seawall to protect the plant against the sort of tsunami that swamped Fukushima – where the biggest wave...
...read the headline of an article by the Center for Public Integrity, citing Venezuela’s Citgo and Motiva Enterprises, the latter of which it said was “half-owned” by Saudis....
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