The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American ...

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 ...

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.

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 ...

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.

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 ...

Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...

The U.S. has several outstanding sanctions against Venezuela, where Chevron is the only domestic oil producer with a license ...

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 ...