• 11/30/2024

A tale of setbacks as Venezuela’s Citgo heads to US auction 

Reuters

Reuters exclusively reports that for the past four years, the United States protected oil refiner Citgo Petroleum from creditors seeking to seize Venezuela’s foreign crown jewel for billions of dollars in claims. But on Monday, a U.S. judge will kick off an auction expected to place the Houston-based company in the hands of rivals or investors.

The post A tale of setbacks as Venezuela’s Citgo heads to US auction  appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/a-tale-of-setbacks-as-venezuelas-citgo-heads-to-us-auction/