A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...

The U.S. court-organized auction of Citgo Petroleum has reached its final phases, with significant bids from various entities ...

An Elliott Investment Management affiliate is considering rejoining the bidding for Citgo Petroleum Corp.’s parent company, according to people familiar with the matter.

Red Tree, Gold Reserve, Vitol and TPG Angelo Gordon have submitted offers for Venezuela’s most valuable foreign asset.

Citgo is Venezuela’s most prized overseas asset: the seventh-largest refiner in the US, which also operates over 4,000 petrol stations. It has been valued at $32bn and $40bn by its parent ...

Venezuela has officially lost its most prized international asset: Citgo Petroleum, the 807,000-bbl/d U.S. refining arm of state-owned Petróleos de Venezuela (PDVSA). The final auction price went ...

HOUSTON, Oct 22 (Reuters) - For the past four years, the United States protected oil refiner Citgo Petroleum from creditors seeking to seize Venezuela's foreign crown jewel for billions of dollars ...

The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American country, a stumbling block for the court-ordered sale. Citgo ...

Oil Executives Imprisoned Five Years in Venezuela Sue Former Employer Citgo for $400 Million MIAMI (AP) — Two Citgo oil executives detained for nearly five years in Venezuela have sued their ...

Tomeu Vadell was one of six executives who worked for Houston-based Citgo when they were lured to Venezuela right before Thanksgiving in 2017 to attend a meeting at the headquarters of the company ...

A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...

HOUSTON (AP) — One of the Citgo oil executives who was held for nearly five years in Venezuela has sued his company for $100 million, alleging it conspired in his detention and then abandoned him and ...