Venezuela denounces US-ordered 'forced sale' of oil company Citgo

[LiberalArkie]

Dec 3 2025

Venezuelan Vice President and Minister of Petroleum Delcy Rodriguez has condemned a US court’s decision to authorise the “fraudulent” and “forced” sale of Venezuelan oil company Citgo in the United States to pay off billions of dollars in debts.

“We energetically reject the decision adopted in the judicial process”, Rodriguez said in a statement read on state television about the sale, which the Venezuelan government has always opposed.


Delaware Judge Leonard Stark last week ordered the sale of Citgo’s parent company to Amber Energy, an affiliate of the hedge fund Elliott Investment Management, for $5.9bn. Elliott Investment Management said in a press release that the court order was “backed by a group of strategic US energy investors”.

Citgo, a Houston-based subsidiary of Venezuela’s PDVSA (Petroleos de Venezuela, SA), a state-owned oil company, has been facing claims that it owes more than $20bn to creditors, reflecting the broader financial woes of the South American country under US sanctions, which have targeted its once profitable oil industry.

Snip

https://www.aljazeera.com/news/2025/12/3/venezuela-denounces-us-ordered-forced-sale-of-oil-company-citgo

[Botany]

1. Nicki from Casino

"Always the dollars. Always the fuckin' dollars,"

So Trump is using the U.S. Military as a collection agency for American Businesses?

[LiberalArkie]

2. At least he is transparent about it instead of saying it is to free the people

Of a dictator. Weird huh?

[MisterG]

3. Brings to mind ...

"War Is a Racket", by Major General Smedley D. Butler.

[Skittles]

4. that is exactly what it looks like

it was NEVER about the "drugs"

[tavernier]

6. Trump and family are drugged up day and night.

It was revealed that when he left the White House the first time, the drug cabinet was like a buffet at a country all-you-can-eat restaurant.

[NJCher]

21. so were their ancestors

in Nazi Germany.

I read a book about it. Absolutely shocked the daylights out of me that an entire government and armed services could all be on drugs.

[LiberalArkie]

15. Maybe to stop the competition from Venezuela ?

[sinkingfeeling]

7. I am ashamed to be a citizen of the USA.

[KS Toronado]

10. What country do you live in?

[Emile]

13. Rubio, isn't that the guy who works for Epstein best friend?

[KS Toronado]

14. Oh?

[Emile]

11. Welcome to du

[Emile]

9. U.S. military will now be called CHEVRON FREEDOM FIGHTERS.

Last edited Sun Jan 4, 2026, 08:50 AM - Edit history (1)

[LiberalArkie]

16. I like it.. Maybe they will. start wearing a Citgo badge on their uniforms.

[Botany]

17. No Trump is putting the squeeze on Citgo to pay up their debts.

Which is funny Trump stiffed thousands of workers, contractors, and suppliers.

[Botany]

19. The Chevron Shock Troops

[Emile]

20. I edit the correction. Thanks

[NJCher]

22. don't stop

you're on a roll today!

[Emile]

24. LOL, got to run to the casino.

High Roller Loretta won a free candle warmer.

[NJCher]

25. you're big time !

[bamagal62]

18. Paul Singer

Of Elliot Investments is a big Trump donor.

[dalton99a]

23. +1