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 ...
The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...
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.
2024 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 ...
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 ...
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 ...
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 ...
On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.