ConocoPhillips targets CITGO as Venezuela tries to stall Auction

New York, September 30, 2023 – Multinational corporation ConocoPhillips is seeking to join a court-mandated sale of CITGO shares to confiscate and cash in on a US $8.5 billion international staged arbitration award. CITGO owns three refineries and over 4,000 gas stations and has been valued between $10 and $13 billion, while Rockelfeller owned ConocoPhillipps, … Continue reading ConocoPhillips targets CITGO as Venezuela tries to stall Auction