(Jef Feeley, Nicolle Yapur and Andreina Itriago Acosta, Bloomberg, 31.Dec.2024) — A US judge reset the bidding process for the parent company of Citgo Petroleum Corp. late Tuesday, a move that is poised to create competition for Elliott Investment Management’s pursuit of the oil refiner. Judge Leonard Stark ordered the […]
Tag: expropriation
PDVSA ad Hoc administrative board reaffirms commitment to safeguard Citgo
(Piero Stewart, Energy Analytics Institute, 30.Dec.2024, Words: 514) — The Ad Hoc Administrative Board of PDVSA reiterated its commitment to the defense of Venezuela’s assets abroad, especially PDVSA’s 807,000 barrel per day (b/d) US refining affiliate Citgo Petroleum Corporation. Horario Medina, the president of Ad Hoc Administrative Board of PDVSA, […]