December 1, 2017 headlines back in Caracas, Venezuela: “Pdvsa está en peligro de embargo por impago de deuda”. Translation: Pdvsa is in danger of an embargo (or asset seizure) for non payment of its debts. Likely scenario: CITGO is lost to the bond... — read more
Hope things improve
I doubt it, but yes, I hope for CITGO and employees. Some good people...
Any CITGO 2016 Job Cuts?
Do you still lay people off?
Bank on layoffs coming up late this year or first half 2019
Court ordered asset seizure of the entire Citgo USA was made today, August 9, 2018. Bank on layoffs coming up late this year or first half 2019. I doubt that a gold mining company would want to own or operate an oil related enterprise, so expect it... — read more