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Tag: Citgo

Venezuela rejects US ruling that allows creditors to benefit from PDVSA subsidiary

Venezuela rejects US ruling that allows creditors to benefit from PDVSA subsidiary Venezuela rejects US ruling that allows creditors to benefit from PDVSA subsidiary

The Government of Venezuela rejected this Tuesday that the US Justice has accepted that a group of ten creditors of the Caribbean country participate in the distribution of profits from the auction of the shares of Citgosubsidiary of the Venezuelan state oil company PDVSA in the North American nation. In a statement, the Executive of […]

A history of setbacks for Venezuelan refiner Citgo, which heads to auction in the US

A history of setbacks for Venezuelan refiner Citgo, which heads to auction in the US A history of setbacks for Venezuelan refiner Citgo, which heads to auction in the US

In the last four years, USA protected Citgo Petroleum of creditors seeking to seize the Venezuelan refiner, but a U.S. judge on Monday began an auction process that is expected to put the Houston-based company in the hands of rivals or investors. The auction could start a new chapter for the company that has been […]

The “Citgo 6”, a Venezuelan token to pressure the US.

The “Citgo 6”, a Venezuelan token to pressure the US.

When Alex Saab was extradited to USA, VerĂ³nica Vadell had a bad feeling, and was not mistaken, that same day they revoked the benefit of house by jail to her father, and to the rest of the six former directors of Citgo condemned in Venezuela. Known as the “Citgo 6,” five citizens of the United […]

US asks Venezuela to release former Citgo officials detained 4 years ago

US asks Venezuela to release former Citgo officials detained 4 years ago

USA he insisted this Sunday on requesting the “unconditional” release of the six former directors of the Venezuelan company Citgo imprisoned in Venezuela, on the fourth anniversary of his arrest in the Caribbean country. The spokesman for the US State Department, Ned Price, said in a statement that this Sunday marks four years since those […]

Chavista Regime Returns Former Citgo Executives to Prison in Retaliation for Extradition of Maduro’s Frontman to the United States

Chavista Regime Returns Former Citgo Executives to Prison in Retaliation for Extradition of Maduro’s Frontman to the United States

The six former directors of the Venezuelan company Citgo -a subsidiary of the state oil company PDVSA on USA– who had been convicted of corruption last year, and placed under house arrest, were returned to prison this Saturday in retaliation for the extradition to the United States of Alex Saab, a Colombian businessman considered a […]