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Concerns are mounting in Texas and Washington about the state of Citgo Petroleum, its refineries and its 4,000 U.S. employees following the recent arrests of the company's top executives in ...
Since Citgo severed ties with PDVSA in 2019, the U.S. government has recognized a series of supervisory boards appointed by Venezuela's opposition-led National Assembly and its former head Juan ...
As Venezuela’s economic crisis deepens, concerns over losing control of Citgo have grown. Courts have increasingly upheld creditor claims, recognizing Venezuela’s dire financial situation.
The bondholders' attorney went to pains to explain that he wasn't asking U.S. District Judge Katherine Polk Failla to interfere with the sale.
Concerns have heightened for the wellbeing of the “CITGO 6” – five U.S. citizens and one legal resident – who have been detained by the Maduro regime in Caracas for more than two years.
Citgo Petroleum has secured a $1.2 billion loan to fund its daily operations as its parent company, Venezuelan-state owned PDVSA, struggles under U.S. sanctions. The Houston-based refiner touted ...
The families of six US oil executives detained in Venezuela are pleading for their release as concerns mount over their health amid the global coronavirus pandemic. The “CITGO 6” – Tomeu ...
Venezuela reported to have released ‘Citgo 6’ from prison By Sergio Chapa , Staff writer Updated Dec 10, 2019 9:42 a.m. Jose Pereira (right) with his wife Mervis on their 30th wedding ...
“What Citgo is needed for is to support the recovery of Venezuela once PDVSA is under the full control of Guaidó,” said Lisa Viscidi, a specialist on Latin American energy issues at the Inter ...
Gustavo Cardenas and five other executives of Houston-based Citgo, a subsidiary of Venezuela’s state-owned oil giant, had been in detention in Venezuela since 2017.
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