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Exxon director joins Elliott group seeking to acquire Citgo Petroleum

HOUSTON (Reuters) – Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo Petroleum. Citgo and Exxon are rivals in the motor fuels and lubrications business. Exxon is the third-largest U.S. oil refiner by capacity and …

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A Lawsuit From Backers of a ‘Startup City’ Could Bankrupt Honduras

The flurry of private contracts became part of a “kleptocratic” regime, according to one 2017 report by the Carnegie Endowment for International Peace. Nearly all of the ISDS claims have their roots in contracts, laws or other agreements made during this period. For the farmers and villagers being pushed off …

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