CITGO Petroleum Corporation: CITGO Reports Third Quarter 2024 Results
Net income of $66 million, EBITDA1 of $281 million and Adjusted EBITDA1 of $290 million Total liquidity at quarter-end of $3.6 billion, including full availability ...
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 ...
Venezuelanalysis5d
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.
Rigzone6d
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 ...
Crude Oil Prices6d
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.