Citgo Petroleum Stops Charitable Donations of Oil
January 7, 2009
Citgo Petroleum Corporation, the U.S. oil refiner owned by the Venezuelan government, will stop charitable contributions of home heating oil to poor U.S. households, citing falling oil prices and the world economic crisis, reports The Wall Street Journal.
Former U.S. Rep. Joseph P. Kennedy II said Venezuela would stop deliveries to his Boston Group, Citizens’ Energy, which last winter received $100-million worth of fuel that was distributed throughout the Northeast.
(A paid subscription is required to view this article.)
