A court-appointed adviser is preparing to recommend a consortium led by Gold Reserve Ltd. as the best bidder for Citgo Petroleum Corp.’s parent company, according to people familiar with the matter, ...

After at least three consortia revised their bids in June and a U.S. Court completed the second round of bidding in an auction of shares of Citgo ...

A U.S. court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum ...

Continuing instability in the Middle East makes it imperative that America protect its domestic energy suppliers. Under ...

Black Lion Citgo Group submitted an $8 billion all-cash bid for the parent company of Citgo Petroleum, which owes around $20 ...

Black Lion Citgo Group, a consortium led by private equity firm Black Lion Capital Advisors, submitted an $8 billion all-cash ...

Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“ Gold Reserve ” or the “Company”) announces that today its Delaware subsidiary, Dalinar Energy Corporation (“ Dalinar Energy ”), submitted a further ...

By Marianna Parraga HOUSTON (Reuters) -Black Lion Citgo Group, a consortium led by private equity firm Black Lion Capital ...

Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announces that on June 13, 2025 the U.S. District Court for the District of Delaware (the "Court") issued an order ...

Prior to the sanctions, Citgo’s 807,000-barrel-per-day refining network was a primary processor of Venezuela’s heavy sour crudes. Since Citgo cut ties with its ultimate parent, Caracas-based ...