Pemex Can’t Add ConocoPhillips, Shell to Lawsuit Over Stolen Gas
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Pemex Exploracion Y Produccion can’t sue six U.S. energy firms including ConocoPhillips Co. as part of a lawsuit seeking more than $300 million for Mexican natural gas condensate allegedly stolen by bandits and sold in the U.S., a federal judge ruled.
The Mexican state-owned oil company said in court papers that if its production unit was denied permission to add the six U.S. firms to the existing litigation, Pemex might sue the same companies in a new suit.