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 67 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 Feds Fast-Track Utah Crude Transport Project with 14-Day Review July 10, 2025 Oil and Gas Argentina’s VMOS Secures $2 Billion Loan for Vaca Muerta South Pipeline July 9, 2025 Oil and Gas Columbia Gas Transmission Brings West Virginia Pipeline Expansion Online July 9, 2025 - Advertisment - Most Popular Tesla’s Robotaxis Will Get On Waymo’s Territory In San Francisco ‘In A Month Or Two’: Musk July 10, 2025 Feds Fast-Track Utah Crude Transport Project with 14-Day Review July 10, 2025 BYD Will Cover The Repair Bill If Its Self-Parking Car Dings Another Vehicle July 9, 2025 Lamppost Chargers, Curbside Plugs: How New York Is Pushing Back On Trump’s EV Cuts July 9, 2025 Load more Recent Comments