An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a ...

Several hundred employees at Citgo Petroleum’s Houston headquarters can be sure of only one thing as an affiliate of a ...

The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...

Venezuela is about to lose ownership of Citgo, a U.S.-based oil refining and gasoline marketing company valued at $13 billion ...

Amber Energy has submitted a lower-priced bid for Venezuela's PDV Holding (Citgo's parent company) with a direct payout to creditors, hoping to address their concerns from the initial offer.

The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...

On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.

The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...

Six US oil executives have been jailed after being found guilty of corruption by a court in Venezuela. The men all worked for Citgo, a US refining company owned by Venezuela's state oil firm ...

HOUSTON, Oct 21 (Reuters) - Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund's low-ball ...