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The executives were arrested on November 21, 2017 and accused of signing an agreement that was "unfavorable" for the Venezuelan subsidiary. [1] [2] The executives have denied the charges against them and have stated that they are victims of a political move by the Venezuelan Maduro -led government to pressure the United States government.
Other Venezuelan oil executives were arrested in what Bloomberg News described as a "purge" designed to bolster more economic power behind President of Venezuela, Nicolás Maduro, Asdrúbal Chávez, cousin of late Venezuelan president Hugo Chávez, was chosen as president of Citgo in November 2017. Citgo also has a much earlier connection to ...
The Narcosobrinos affair ( Spanish for drug-nephews) is the situation of events that surrounded two nephews of Venezuelan President Nicolás Maduro and his wife Cilia Flores who were arrested for narcotics trafficking. The nephews, Efraín Antonio Campo Flores and Francisco Flores de Freitas, were arrested on 10 November 2015 by the United ...
The Citgo auction, where ConocoPhillips has emerged as a surprise bidder, could become the biggest event of its kind ever held. Machado, a 56-year-old industrial engineer, has repeatedly rejected ...
President of Citgo; In office 22 November 2017 – 12 February 2019: Preceded by: José Pereira: Succeeded by: Carlos E. Jordá: Deputy to the National Assembly of Venezuela; In office 5 January 2016 – 1 June 2017: Minister of the Popular Power of Oil and Mining; In office 3 September 2014 – 5 January 2016: Preceded by: Rafael Ramírez ...
The Boston Citgo sign is a large, double-faced sign featuring the logo of the oil company Citgo that overlooks Kenmore Square in Boston. The sign was installed in 1940 and updated with Citgo's present logo in 1965. The sign has become a landmark of Boston through its appearance in the background of Boston Red Sox games at Fenway Park .
In November 2017, eight days before the arrest of the president and five other directors of the subsidiary, José Ángel Pereira Ruimwyk, he was appointed as vice president of administration and finance of Citgo, having joined the company only a couple of months ago.
Passed the House on March 25, 2019 ( Passed without vote) The Russian–Venezuelan Threat Mitigation Act is a bill in the 116th United States Congress sponsored by Rep. Debbie Wasserman Schultz (D-FL) and co-sponsored by Mario Díaz-Balart (R-FL), Donna Shalala (D-FL), and Debbie Mucarsel-Powell (D-FL). [2] It aims to monitor and investigate ...
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