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LATE-STAGE SOCIALISM: China sues Venezuela’s oil company over unpaid bills. According to court do…

LATE-STAGE SOCIALISM: China sues Venezuela’s oil company over unpaid bills. According to court documents filed on Nov. 27 in Houston, Texas, Sinopec USA claims that PDVSA has failed to pay for half of a $43.5 million order for steel products. The lawsuit was first reported by the Financial Times on Wednesday. The disputed amount is […]
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US Politics / Conservative : Instapundit

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China's Sinopec sues Venezuela in sign of fraying relations

News : Trending Now

Sinopec USA, a subsidiary of Chinese oil and gas conglomerate Sinopec, has sued Venezuela's state oil company PDVSA in a U.S. court, claiming it never received full payment for an order of steel rebar. The legal action signals a spl...

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