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, among the ...

Venezuela is about to lose ownership of Citgo, a U.S.-based oil refining and gasoline marketing company valued at $13 billion ...

Refiner-marketer launches new brand licensing program for retailers outside its territories who source their own fuel ...

Venezuelan state oil company PDVSA is appealing a decision allowing ... owner U.S. refiner Citgo, to collect on a US$1.4 billion award to compensate it for the 2008 nationalization.

Vitol Group, the world's largest independent oil trader, has submitted an application to acquire PDV Holdings Inc., the parent company of Citgo Petroleum Corp., which is a key foreign asset Venezuela.

The sale process of shares to pay creditors and claimants against Venezuela’s oil asset appropriation ... a new $5.3-billion offer for Citgo’s parent company, $2 billion lower than the initial ...

Wilmington (Delaware): A US judge has reset the bidding process for the parent company of Citgo Petroleum ... and its state-owned oil company, Petroleos de Venezuela SA, over asset seizures ...

The investigation, which began several years earlier, is supported by reports that the Donald Trump administration has ...

The money has lifted Venezuela's economy, especially its oil and banking sectors ... An auction of shares in a Citgo Petroleum parent company to repay some $21 billion in claims for debt defaults ...

US judge approves new bidding terms for auction of Citgo's parent Legalcategory ... 5% amid political turmoil January 3, 2025 Venezuela's state oil company PDVSA and India's Reliance Industries ...

The coming auction for Venezuela’s Citgo Petroleum ... a stumbling block for the court-ordered sale. Citgo, among the largest U.S.-based oil refiners, is being auctioned to cover debts owed ...