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

If Venezuela, which owns 100% of the refiner and its U.S.-based parent companies, fails to retain some equity, it would lose ...

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

A U.S. judge in Delaware has extended the schedule for a court-organized auction of shares in the parent of Venezuela-owned ...

In 2022, Judge Stark set in motion a court-mandated sale of shares belonging to CITGO’s parent company, PDV Holding (PDVH), to satisfy creditor claims against Venezuela. The debt mostly stemmed from ...

Houston-based Citgo, ultimately owned by Venezuela's state oil company PDVSA, is the seventh-largest U.S. refiner. A $3.7-billion offer by Contrarian Funds' Red Tree Investments was approved by ...

Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announces that today it submitted a response to the request made by the Venezuela Parties to adjourn the date of the ...

A federal judge on Monday extended to June 18 the deadline for rival offers in a court-ordered auction of Citgo's assets.

HOUSTON (Reuters) -Groups led by affiliates of Contrarian Funds, Gold Reserve and Vitol are working on improved offers for the parent of Venezuela-owned refiner Citgo Petroleum as the list of ...