A court-ordered auction of the shares of the parent company of Venezuela-owned U.S. oil refiner Citgo Petroleum has attracted dozens of companies interested in the data and the auction process, sources with knowledge of the matter told Reuters on Monday.
Dozens of Firms Interested in US Auction of Citgo’s Parent Company
Previously:
Venezuelan Minister of Communication and Information Freddy Ñáñez stated that the Venezuelan government condemns the recent decision by the United States Supreme Court to ratify the dispossession of CITGO Petroleum Corporation.
Venezuela Condemns US Supreme Court Ruling on CITGO
By Daniel Long
President Bongbong Marcos shocked the nation when he put out a tweet (X post) this weekend on the recent water cannoning incidents at Ayungin and Scarborough Shoal. I would like to highlight this part of his statement: “Let me reiterate what is settled and widely recognized: Ayungin Shoal is within our Exclusive Economic Zone, any foreign claim of sovereignty over it is baseless and absolutely contrary to international law…No one but the Philippines has a legitimate right or legal basis to operate anywhere in the West Philippine Sea.”
PH provoked China’s water cannoning at Ayungin Shoal
During a state visit to the People’s Republic of China in September 2023, Venezuelan president, Nicolas Maduro met president Xi Jinping and both agreed to strengthen the relationship of their countries by establishing seven sub commissions to elevate it to the level of ‘all-weather strategic partnership’. This is the culmination of a relationship that began with president Hugo Chavez’s first visit to Beijing in 1999, the very first year of his presidency.
On the strategic relationship between Venezuela and China
The Venezuelan Foreign Minister says that the parliament recently passed a referendum protecting the sovereign territory from US encroachment, adding that the US is again trying to interfere in the 200-year-old dispute of Essequibo.
US seeks to ‘militarize’ Venezuela-Guyana disputed territory
Related:
Exxon Is The Biggest Winner In Guyana’s Epic Oil Boom
China and Venezuela to Establish ‘All-Weather Strategic Partnership’, Sign 31 Cooperation Agreements
The Venezuelan leader added that his country would continue to back China’s Belt and Road Initiative as well as the internationalization of the yuan, and is also willing to cooperate with Beijing in multilateral forums such as the BRICS group and the United Nations (UN).
Ms. Cat’s Chronicles 