Elliott Investment Management made a $5.9 billion bid for Citgo, while Maduro's regime seeks to reclaim the asset amid political opposition.

The entities involved

• Citgo →

  oil company and gasoline retailer

  • Citgo is defending against claims in the District of Delaware while operating refineries in Corpus Christi, Texas, and Lemont, Illinois.Sun 08:09
  • A Delaware judge ordered the forced sale of Citgo, a Venezuelan subsidiary, which Chris Wright applauded.Sun 08:09
• Nicolás Maduro →

  President of Venezuela 2013 to 2026

  • Political talks involving opposition figures and the Chavismo bloc took place in Caracas.Mon 07:30
  • U.S. intensifies economic pressure on Cuba, while Marco Rubio assesses potential transition roles amidst geopolitical fallout from Nicolás Maduro's capture.Sun 23:48
• María Corina Machado →

  Venezuelan politician and activist (born 1967)

  • Interim government in Caracas blocks María Corina Machado's return to the country.Mon 05:32
  • María Corina Machado attempted flights and air operations involving Aruba and Curaçao on September 25, 2026, with David Alandete accompanying her.Fri 06:30

Related events

• Citgo is confirmed to be a subsidiary of Venezuela's national oil company.Sep 10
• ConocoPhillips faced debt via Citgo auction, while Continental Resources signed an MoU with PDVSA.Sep 17