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HomeOil and GasSiemens Sues Citgo Parent in Texas Over $200 Million Default

Siemens Sues Citgo Parent in Texas Over $200 Million Default

Siemens Energy has filed a lawsuit against PDV Holding, Citgo’s parent, in Texas, seeking to recover $200 million for a promissory note defaulted by Venezuela. The action comes as creditors pursue claims amid ongoing financial disputes.
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