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Conoco Tells 3rd Circ. It Can Target Citgo For $8.5B Award

By Caroline Simson ( April 18, 2024, 11:14 PM EDT) -- ConocoPhillips urged the Third Circuit to nix Venezuela's challenge to a ruling paving the way for the oil company's participation in an auction for control of the U.S. oil giant Citgo to enforce an $8.5 billion debt, arguing that the country can't prove that it's been acting in bad faith....

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