News
18 January 2021

US judge authorizes sale of Citgo parent shares despite Treasury ban

In:
Oil & gas
Region:
Americas

A US judge approved the sale of shares in Venezuelan-owned refiner Citgo’s parent company to pay Canadian gold miner Crystallex a $1.4 billion judgment for expropriation of its assets, even as the Treasury Department blocks the sale of the shares. Venezuela’s opposition, which took...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
13 November 2025

Keynote: EKN’s new head, Nordlander, on continuity, change...

Åke Nordlander, director general at EKN discusses strategy in his new role, the increased prominence of defence, which now forms the largest part of the Swedish ECA’s cover....

Interview
21 November 2025

EDC’s Winterhalt on the kick to intensify diversification,...

Todd Winterhalt, senior vice-president of international markets at Export Development Canada (EDC), discusses EDC’s role in Canada’s market diversification at Berne Union’s...