Citgo

oil company and gasoline retailer

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Paul Singer’s hedge fund may gain Petty’s Island amidst Citgo sale
business Jan 11, 2026, 12:16 PM
Paul Singer’s hedge fund may gain Petty’s Island amidst Citgo sale
  • Elliott Investment Management is backing Amber Energy in its attempt to purchase Citgo.
  • The sale includes Petty's Island, which will be converted into a nature preserve.
  • If the acquisition proceeds, it may lead to renewed investment in Venezuela's oil industry and the future of U.S. interests in the region.
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