Changes - Future Looks Bright for CITGO's Three U.S. Refineries as Courtroom Drama Nears End
RBN Energy Blogcast · John Auers
July 16, 202511m 56s
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Show Notes
The bitter, eight-year battle to control CITGO Petroleum’s three U.S. refineries could soon be coming to an end. A Delaware court has recommended a $7.38 billion bid from Dalinar Energy Corp., the U.S. subsidiary of Canadian miner Gold Reserve Ltd. There’s opposition, but a final decision could be just weeks away. In today’s RBN blog, we’ll discuss what a resolution would mean for the three refineries, which have a combined capacity of more than 800 Mb/d.