As traffic continues to snarl streets along Route 1 in Norwalk, from the I-95 closure ... It’s not much better down the road at a Citgo gas station. “It’s pretty slow nowadays.

A second attempt to hold an auction that could determine control of Citgo is moving forward after a federal judge on Monday approved the designation of a $3.699 billion offer as the stalking horse bid ...

Phillips 66 is one of the largest U.S. refiners, while Citgo is the seventh largest. In response to a request for comment, an Elliott spokesperson pointed to an April 10 regulatory filing.

April 21 (Reuters) - Activist investor Elliott Investment Management should back down from its push to break up energy company Phillips 66 (PSX.N), opens new tab because it is conflicted from a ...

In arguing against Elliott's break-up thesis in the letter, Phillips 66 said the investment firm has a conflict of interest due to its separate efforts to buy Citgo Petroleum. Citgo's parent ...