If Venezuela’s PDVSA defaults on repaying its loan to Russia, Russia’s state-owned oil company Rosneft might take over Houston-based CITGO, which PDVSA owns and used as collateral for the loan. Francisco J. Monaldi, fellow in Latin American energy policy, comments in CNN Money: http://cnnmon.ie/2oUGUjT.
Aug 13 2020 | Center for Energy Studies
Mark P. Jones
Aug 12 2020 | Presidential Elections