Citgo Petroleum

  • Siemens Files Lawsuit in Texas Against Citgo Petroleum Parent

    Siemens Energy Inc has filed a lawsuit in a Texas court against Citgo Petroleum’s parent company, PDV Holding, seeking to recover approximately $200 million from a promissory note that Venezuela defaulted on. This lawsuit emerged as creditors involved in an auction of Citgo’s parent shares in Delaware begin turning to other U.S. courts to enforce…