Venezuela-owned Citgo Petroleum joined other refiners in posting a sharp drop in third-quarter profit on Thursday, weighed ...
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 ...
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 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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(AP Photo/Mark Lennihan, File) PHILADELPHIA (CN) — A Third Circuit judge affirmed a federal court ruling Monday that legally attaches Venezuela to shares in a U.S.-based subsidiary of its state-owned ...
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 ...
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...
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 bid, the company's creditors ...
On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.