All about CITGO

pdvsa-office
By Edition On Monday, August 27th, 2018
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U.S. judge lets Canadian company pursue assets from Venezuela’s Citgo

TORONTO - A U.S. judge has granted a Canadian company the right to go after prized U.S. assets belonging to Venezuela, in a bid to get paid on an $1.4 billion award tied to the 2008 nationalization of its gold mining More...

ConocoPhilips-Offices
By Edition On Friday, July 6th, 2018
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Conoco to depose Citgo in hunt for PDVSA’s Caribbean assets

HOUSTON - ConocoPhillips moved to bring Venezuelan PDVSA’s U.S. refining unit Citgo Petroleum into its legal battles to enforce a $2 billion arbitration award against the South American country’s nationalization More...

Citgo
By Edition On Monday, July 2nd, 2018
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Citgo Petroleum appoints executives to positions at Aruba refinery

ORANJESTAD - Citgo Petroleum, the U.S. refining arm of Venezuela’s state-run oil company PDVSA, said on Thursday it appointed two senior executives to new positions as it works to refurbish an idled Aruba refinery. Luis More...

Citgo
By Edition On Thursday, May 24th, 2018
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Aruba court lifts Conoco seizures affecting Citgo oil cargoes

ORANJESTAD - A court in Aruba on Wednesday lifted liens on two oil cargoes put in place by ConocoPhillips as part of a legal strategy to enforce a $2 billion arbitration decision, the latest reversal for the U.S. More...

aua_refinery
By Edition On Thursday, February 22nd, 2018
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Citgo Petroleum slows Aruba refinery revamp due to US sanctions

HOUSTON - Houston-based Citgo Petroleum has slowed work on an overhaul of its 235,000-barrel-per-day Aruba refinery due to a lack of financing stemming from U.S. sanctions on Venezuela’s state-run PDVSA, the refining More...

Citgo
By Edition On Wednesday, November 22nd, 2017
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Venezuela arrests CITGO Chief in anti-corruption dragnet

CARACAS - Venezuelan authorities arrested the acting president of its U.S.-based refiner Citgo and five of the subsidiary’s top executives on Tuesday as part of a spiraling corruption purge in the OPEC country’s More...

Venezuelan socialism
By Edition On Friday, November 17th, 2017
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Venezuelan crisis threatens Curaçao and Aruba

WILLEMSTAD - Venezuela is about to collapse and that threatens to hit Aruba and especially Curaçao hard. Both islands are firmly committed to the oil industry, which in turn is heavily dependent on the country More...

Citgo
By Edition On Saturday, August 26th, 2017
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Trump exempts Citgo from Venezuela sanctions

WASHINGTON - President Trump is exempting Citgo Petroleum Corp., owned by Venezuela’s government, from the financial sanctions imposed Friday on the country. The latest set of sanctions is meant to punish the More...

pdvsa
By Edition On Friday, August 4th, 2017
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Venezuela cuts oil supply to Citgo as Russia’s Rosneft gets more

HOUSTON - Venezuela’s state-run PDVSA has reduced crude sales to its U.S. refining unit Citgo Petroleum while increasing supply to Russia’s Rosneft (ROSN.MM), following a plan signed in May to catch up on overdue More...

Mike Eman
By Edition On Monday, June 13th, 2016
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Venezuela and Aruba finalise agreement to re-open refinery

CARACAS - Authorities from the governments of Aruba and Venezuela, and officials from Petróleos de Venezuela, SA (PDVSA) and CITGO Aruba, gathered in Caracas on Friday to witness the execution of a commercial More...