OPEC AND OIL PRICES
PDV to Go Ahead with Purchase of 50% of Citgo
Venezuela's state oil company Petroleos de Venezuela (PDV) now expects to sign the final documents for its purchase of a 50% interest in Citgo Petroleum Corp. of the US by the end of this month, according to Representative Napoleon Lista, a member of the ruling Accion Democratica party. Earlier this year PDV announced it had signed a letter of intent with Citgo's parent company, Southland Corp., for the...
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