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Judge Clears Way for Final Bids on Citgo in Setback to PDVSA(Bloomberg) -- A judge cleared the way for final offers for Citgo Petroleum Corp.’s US parent, denying objections from Venezuela’s state-owned oil company to the bidding process for the oil ...
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A July auction was to determine Citgo's fate. Now it could be delayed.The special master in charge of a court-ordered auction of Houston-based Citgo requested Friday that the sale process be delayed. If granted, the motion would delay the auction, originally ...
GDRZF argued that Petróleos de Venezuela, S.A., also known as PDVSA (Venezuela’s state-owned oil company), can be treated as the country itself ... know for sure Citgo’s fair value, but ...
HOUSTON (Reuters) -A U.S. court organizing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has approved a 30-day competition period starting on April 28 to receive ...
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