News

A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...
The U.S. Treasury Department on Friday extended a general license protecting Venezuela-owned refiner Citgo Petroleum from ...
The U.S. court-organized auction of Citgo Petroleum has reached its final phases, with significant bids from various entities ...
As crisis-plagued Venezuela struggles to pay its bills at home and abroad, foreign creditors are circling one of the country’s most valuable assets: Citgo, the Houston-based oil company that it ...
Citgo is Venezuela’s most prized overseas asset: the seventh-largest refiner in the US, which also operates over 4,000 petrol stations. It has been valued at $32bn and $40bn by its parent ...
Venezuela has officially lost its most prized international asset: Citgo Petroleum, the 807,000-bbl/d U.S. refining arm of state-owned Petróleos de Venezuela (PDVSA). The final auction price went ...
US-based oil refinery company CITGO appears to have been involved in a recently exposed corruption and fraud scheme ...
Tomeu Vadell was one of six executives who worked for Houston-based Citgo when they were lured to Venezuela right before Thanksgiving in 2017 to attend a meeting at the headquarters of the company ...
A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...
Prior to the sanctions, Citgo's 807,000-barrel-per-day refining network was a primary processor of Venezuela's heavy sour crudes. Since Citgo cut ties with its ultimate parent, Caracas-based PDVSA ...