Posts Tagged

Citgo Petroleum

At VIFreepBreaking NewsBusiness NewsCaribbean NewsTerritorial Affairs

ORANJESTAD — The government of Aruba said on Monday it will form an advisory committee to decide the future of a 209,000-barrel-per-day refinery that remains idled amid sanctions on operator Citgo Petroleum’s parent company, Petroleos de Venezuela (PDVSA). Prime Minister Evelyn Wever-Croes said there are three possible scenarios for the

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At VIFreepBreaking NewsBusiness NewsCaribbean NewsConsumer NewsEnvironmental News

ORANJESTAD  — The Citgo Petroleum refining unit of Venezuela’s state oil company Petroleos de Venezuela, S.A. (PDVSA) has reached a deal to lease and restart an idled 235,000-barrel-per-day refinery in Aruba, the government of the Caribbean island said over the weekend. The agreement involves a 25-year lease that would allow

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At VIFreepBreaking NewsBusiness NewsCaribbean News

ORANJESTAD – Aruba’s Energy Ministry said today that it has signed a memorandum of understanding with PDVSA’s U.S. unit Citgo Petroleum to explore reopening and operating the island’s refinery, idled since 2012. The 235,000-barrel-per-day refinery, which was operated by U.S. firm Valero Energy Corp., closed because of high operating costs

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