Introduction In San Nicolas, the rusting steel towers of the former Lago refinery stand as silent sentinels over a century of Aruban history. For decades, they were the engine of the island’s economy, processing billions of barrels of Venezuelan crude and fueling the...
The court auction for shares in PDV Holding, parent company of Citgo Petroleum, has hit a roadblock as creditors challenge a $7.3 billion bid from Amber Energy, an affiliate of Elliott Investment Management. The auction, aimed at resolving Venezuela’s $21.3 billion...
