Citgo is confirmed to be a subsidiary of Venezuela's national oil company.
1 report, 1 independent
Updated Sep 10
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What happened
Citgo is confirmed to be a subsidiary of Venezuela's national oil company.
Who's involved
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The entities involved
Related events
- U.S. companies, including ConocoPhillips, are reportedly circling Venezuela's oil fields.
- Trump announced a deal on Venezuelan oil reserves, confirmed by Delcy Rodriguez, involving major refiners like Chevron and ExxonMobil.
- Venezuela has taken control of the U.S. refining giant Citgo, while 31 tons of gold bars are held for talks amidst political opposition.
- Elliott Investment Management made a $5.9 billion bid for Citgo, while Maduro's regime seeks to reclaim the asset amid political opposition.
- Oil deals are being struck between Iran and Venezuela.