The president of Venezuela, Nicolás Maduro, demanded this Monday from the United States the return of the Citgo oil company, as well as the net profit deposits in banks in that country, which are around US$ 4 billion.
The request was made by the Venezuelan president during the reading of a drop in…
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Citgo
Citgo posted record profits in the second quarter of the year
This Thursday, Citgo announced that it obtained record net profits during the second quarter of the year thanks to an increase in crude processing volumes as well as stronger margins.
According to the refiner's report, the results show an…
US court protects Citgo from shares of PDVSA bondholders
Judge Katherine Polk Failla, of the Southern District of New York, ruled in favor of the suspension measure requested by the ad hoc administrative board of PDVSA, appointed by the Venezuelan Parliament, with an opposition majority.
In the…
Tareck El Aissami is the new Minister of Oil
This Monday the new position of Tareck El Assami as Oil Ministers was announced by the National Executive. Now he becomes the successor of Manuel Quevedo, while Asdrúbal Chávez will remain in the Directorate of the state-owned Petroleos de…