HomeOil and GasBlack Lion Makes $8 Billion Cash Offer for Citgo’s U.S. Parent Company Oil and Gas Black Lion Makes $8 Billion Cash Offer for Citgo’s U.S. Parent Company By Energy Jobline June 26, 2025 0 214 Share FacebookTwitterWhatsAppLinkedinReddItEmail Black Lion Citgo Group has submitted an $8 billion all-cash bid for PDV Holding, the parent of U.S. refiner Citgo Petroleum, in a Delaware court-organized auction to settle Venezuela’s outstanding debts. Related TagsOIL Share FacebookTwitterWhatsAppLinkedinReddItEmail Previous articleCrude Processing Resumes at Venezuela’s Cardon Refinery Post-BlackoutNext article2 newly-approved SEIA standards seek stronger solar sales, maintenance practices Energy Joblinehttps://news.energyjobline.com RELATED ARTICLES Oil and Gas Pipeline Rivalry Heats Up in North Carolina as Transco, MVP Compete for Market Share September 12, 2025 Oil and Gas Turkey Secures 15 Bcm LNG in New Deals to Diversify Gas Supply September 12, 2025 Oil and Gas New Era JV Taps Mawgan Capital to Power West Texas AI Data Center with Low-Carbon Gas September 12, 2025 - Advertisment - Most Popular BYD’s 5-Minute Flash EV Charging Is Headed Here Next November 29, 2025 Tesla’s Full Self-Driving Swerves To Avoid A Sideswipe In This Test November 29, 2025 I Charged The 2026 Kia EV9 At A Tesla Supercharger. It Got Complicated November 29, 2025 It’s Not Just You: Tesla Drivers Are So Obsessed With Their Safety Scores That They Drive Like Maniacs November 28, 2025 Load more Recent Comments