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1. The Struggle To Keep Citgo In One Piece.

Author

KRAUSS, CLIFFORD and Rappeport, Alan

Subjects
*FOREIGN subsidiaries, *PETROLEUM industry, *CORPORATE bonds
Abstract

The article discusses challenges facing Citgo Petroleum Corp., the U.S. subsidiary of Venezuelan state-owned oil company Petroleos de Venezuela SA (PDVSA). Topics discussed include the possible seizure of Citgo by creditors and other businesses if PDVSA fails to make payment on its 2020 bonds, refineries and gasoline stations owned by Citgo in the U.S., and the call on President Donald Trump to take actions to prevent Citgo's splitting.

Published
2019

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