August 12, 2018

Everybody Wants Some - CITGO's Future in the Wake of a Key U.S. Court Ruling

On Thursday, August 9, a U.S. District Court judge approved a request by a Canadian mining company to seize shares of a subsidiary of Petróleos de Venezuela SA (PDVSA) that controls CITGO Petroleum Corp. The ruling was made to satisfy a $1.2 billion arbitration award against the Venezuelan government. While details of the full ruling are yet to be released, this decision could have an enormous knock-on effect on the

PSS HIRE Announces WASK Partnership

PSS HIRE, the UK and Ireland’s leading utilities and pipeline equipment provider, has announced a strategic channel partnership with flow-stopping solutions specialist, WASK. … Gulfoilandgas.com Top News

Petrofac Secures New Banking Facilities

Petrofac has secured US$300 million of new bank facilities with existing relationship banks. These new committed facilities, which will mature in 2020, provide additional liquidity and will reduce uti… Gulfoilandgas.com Top News