News
03 July 2025

Vitol 'submits bid above $10bn for Citgo'

In:
Oil & gas
Region:
Americas

Global oil trading house Vitol led a consortium that placed a bid above $10 billion for PDV Holding, the parent company of Venezuela-owned US refiner Citgo Petroleum, during the final phase of a US court-supervised auction. The auction is designed to compensate at least some of the 15 creditors...

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