Citgo Petroleum's profit falls on weak refining margins
Venezuela-owned Citgo Petroleum joined other refiners in posting a sharp drop in third-quarter profit on Thursday, weighed ...
Elliott Floats New $5.3 Billion Citgo Bid as Deal Faces Backlash
An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a ...
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Elliott-Backed Firm Makes New $5.3-Billion Citgo Bid Amid Creditor Complaints
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.
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Venezuela: US Treasury Department Extends CITGO Protection Amid Auction Controversy
On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.
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Elliott Seeks to Appease Creditors with New $5.3 Billion Citgo Bid
The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...
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US extends license protecting Citgo from creditors to March 2025
WASHINGTON/HOUSTON, Nov 7 (Reuters) - The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum ... ship Venezuela-origin oil. The companies also ...
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Elliott Floats New $5.3 Billion Citgo Bid as Deal Faces Backlash
(Bloomberg) -- An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp ... case over the future of PDV Holding, the parent company of Citgo ...