Venezuelan-owned refiner and charterer Citgo auctioned for $7bn in US

Toronto-listed miner selected as the winning bidder as creditors look to get paid

Citgo is being sold out of Venezuelan ownership.
Citgo is being sold out of Venezuelan ownership.Photo: Citgo
Published 4 July 2025, 08:28Updated 4 July 2025, 09:46
USVenezuelaProduct tankersCrude tankers