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Is Venezuela about to lose Citgo, its most prized foreign asset?

Oil & Gas 360º

court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum after at least three consortia submitted revised bids in June, raising creditors’ hopes of receiving payment for some of Venezuela’s outstanding debt. The second bidding round was completed this year after a string of delays.

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Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

acquired Pintail Alternative Energy, aka Pintail Completions, aka Pintail Wireline. Greenwell expects to “bring an expanded pipeline of new wireline and completion technologies to market.” Now Underdog has worked with them since 2019.” They do cased hole work, both vertical and horizontal production. based RPC Inc.

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The European asset management industry: Navigating volatile times

McKinsey

The information contained herein: (1) may not be copied or distributed; and (2) is not warranted to be accurate, complete or timely. The information contained herein: (1) may not be copied or distributed; and (2) is not warranted to be accurate, complete or timely. percent in open-ended funds and ETFs, according to Morningstar data.

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Third Circuit Restores Rule B Attachment Based On Breach of Contract Claim Under English Law, Implied Indemnity Claim Not Enough

The Energy Law

In this case, Tongli Shipping Pte. When the Vessel arrived off the Mississippi River in February 2019, things went awry. In July 2019, Tongli initiated London arbitration proceedings against time charterer Bunge seeking indemnification for the settlement. Tongli”) time chartered the cargo ship M/V Orient Rise to Bunge S.A.

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The new tariff reality: From risk to resilience

McKinsey

Another example: China’s apparel exports to the US declined by 12 percent in 2019. This time it’s completely different. There have been lots of use cases. It took two to three years to get there, but we saw real, meaningful growth in those types of communities. The product was still purchased; it just shifted elsewhere.

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Supreme Court of Texas Washes Out the “Anadarko Washout”

Producer's Edge

This particular species of lease washouts is based on two recent cases from the El Paso Court of Appeals – Cimarex Energy Co. —El Paso 2019, pet denied)) and Cromwell v. In a similar case, Cromwell v. Anadarko Petroleum Corp., 3d 73, 93 (Tex. Anadarko E & P Onshore, LLC, 676 S.W.3d 3d 860 (Tex. Trotti, 262 F.2d

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Fifth Circuit Opens Door to Removal Following Involuntary Dismissal of Non-Diverse Defendant

The Energy Law

When is a case removable to federal court? The general rule is that removability is determined at the time a case is filed. 2019), the Fifth Circuit blurred the line between these categories and expanded the cases that can be removed to federal court. Consider whether a dismissal would create complete diversity.

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