Share this article
Share this article
HOUSTON, May 7, 2021 /PRNewswire/ Despite the unprecedented challenge COVID-19 presented for refiners, CITGO Petroleum Corporation continued to make strong progress in optimizing operational performance, aggressively managing costs and building on strategic initiatives to strengthen corporate governance, compliance and business ethics. CITGO results for FY 2020 were heavily affected by ongoing pandemic-driven market challenges affecting the entire refining sector – and the impact of two Gulf Coast hurricanes.
The CITGO Petroleum Corporation Board of Directors recently reviewed the Company s 2020 fourth quarter and annual financial results with the PDVSA Ad Hoc board. Since 2019, the new CITGO Board and management team have remained committed to transparency and are releasing publicly the Company s first annual results and performance report in nearly 15 years. The report can be accessed here.
Canadian Natural Resources Limited Reports Voting Results at Annual Meeting
Calgary, Alberta (Newsfile Corp. - May 7, 2021) - Canadian Natural (TSX: CNQ) (NYSE: CNQ) held its Annual Meeting of the Shareholders on May 6, 2021. The result of the vote by shareholders for each resolution is reported below. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed.
Votes For
Votes Withheld
The appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and to authorize the Audit Committee of the Board of Directors to fix their remuneration.
with Respect to Recognizing Mr. R. Steiner as an Independent Director
for the Corporate Year 2021/2022 According to the results of the conformity assessment of the independent members of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin (hereinafter also referred to as the Company ) with the independence criteria of PJSC Moscow Stock Exchange listing rules (Appendix 4 to the rules) (hereinafter the criteria), recognize that Mr. R. Steiner meets all the Criteria, except for the connectedness with the Issuer, namely: in June 2020, the period of Mr. R. Steiner s membership in the Company s Board of Directors was more than 7 years (currently: 7 years and 10 months).
CITGO Names Steven Scarpino New Chief Compliance & Ethics Officer
News provided by
Share this article
HOUSTON, April 22, 2021 /PRNewswire/
CITGO Petroleum Corporation announced the appointment of Steven Scarpino as the company s new Chief Compliance & Ethics Officer, overseeing all facets of the company s existing compliance and ethics program. This position was previously part of the responsibilities of Jack Lynch, the Company s Vice President Legal and Government Affairs. CITGO is committed to the highest standards of ethics, integrity and compliance – just as we are committed to excellence in operational performance, said Carlos Jordá, President and Chief Executive Officer of CITGO. Steven brings nearly two decades of leadership in corporate ethics and compliance, and we welcome him to this vitally important position at CITGO.