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Citgo

  • In the News

    Citgo Auction Heats Up: Bidders Get Second Chance to Raise Offers

    by Victor Adetimilehin June 13, 2024
    by Victor Adetimilehin June 13, 2024

    The fight to acquire Citgo Petroleum, the seventh-largest oil refiner in the United States, has intensified. A court overseeing the auction of shares in Citgo’s parent company, Venezuela’s PDVSA, is …

  • In the News

    Bidding War Heats Up for Venezuelan Refinery Giant Citgo

    by Victor Adetimilehin April 19, 2024
    by Victor Adetimilehin April 19, 2024

    Hedge fund Elliott Management and a creditor group led by Centerview Partners are emerging as potential new owners for Citgo Petroleum in a court-ordered auction. The auction is expected to …

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