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$10 Billion Citgo Auction Could Finally End Twisting Saga of Venezeulan Expropriation, Imprisoned Execs, and a Long-Shot NYC Mayoral Candidate

Summary by Fortune
At stake is Citgo’s 800,000-barrel-a-day refining network, a series of pipelines and terminals, and marketing deals with 4,000 independently owned retail outlets.

2 Articles

A four-day court hearing in Delaware to complete an auction of shares in the Venezuelan-owned Citgo Petroleum matrix resumed on Thursday after a brief suspension to allow lawyers to review a decision, in a separate case in New York, which confirms the validity of Venezuelan bonds [...] Entry Resumption of court hearing in Delaware by Citgo's matrix auction was first published in Information Focus.

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focoinformativo.site broke the news in on Thursday, September 18, 2025.
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