Citgo denies it has entered settlement talks with PDVSA ex-employees

Citgo denies it has entered settlement talks with PDVSA ex-employees – Reuters

The logo of PDVSA’s U.S. unit Citgo Petroleum is seen at a gas station in Stowell, Texas, U.S., June 12, 2018. Jonathan Bachman/Reuters.

Reporting by Swati Verma, Reuters

BENGALURU
EnergiesNet.com 02 20 2024

Citgo Petroleum (PDVSAC.UL) on Monday denied it had entered into settlement conversations with plaintiffs in legal proceedings brought by former employees of its parent firm Petroleos de Venezuela (PDVSA) (PDVSA.UL).

Citgo, a subsidiary of the Venezuelan state-owned oil company, in a statement said it has not engaged in any settlement negotiations or discussions with plaintiffs or their representatives regarding a class action filed last year in the U.S. District Court in Delaware.

“The case is in its early stages, and the court has not issued any rulings regarding the sufficiency of the complaint, whether the case can be maintained as a class action, or the merits of plaintiffs’ claims,” the Houston-based refiner said.

Reporting by Swati Verma in Bengaluru; editing by Jason Neely

reuters.com 02 20 2024

Share this news

EnergiesNet.com

About Us

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com

CopyRight©1999-2024, Petroleumworld.com™, EnergiesNet.com™ /
Elio Ohep – All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

Latam & Carib News

Latam Weekly Brief: Tiempo de Mujeres

Latin American Brief

No posts found!

Latin Brief Weekly: X v Xandão

Latam Brief Weekly: Latin American countries reject Venezuela court election ruling