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

A court-appointed adviser is preparing to recommend a consortium led by Gold Reserve Ltd. as the best bidder for Citgo ...

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 ...

Citgo must settle with Group 1 creditors by Friday, ... Citgo is Venezuela’s most prized overseas asset: the seventh-largest refiner in the US, which also operates over 4,000 petrol stations.

Venezuela has officially lost its most prized international asset: Citgo Petroleum, the 807,000-bbl/d U.S. refining arm of state-owned Petróleos de Venezuela (PDVSA). The final auction price went ...

One of the six oil executives with a Texas-based company who was imprisoned five years in Venezuela is suing his company for $100 million.

Since Citgo severed ties with PDVSA in 2019, the U.S. government has recognized a series of supervisory boards appointed by Venezuela's opposition-led National Assembly and its former head Juan ...

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

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

One of the six oil executives with a Texas-based company who was imprisoned five years in Venezuela is suing his company for $100 million.

FILE - Jesus Loreto, an attorney representing Tomeu Vadell shows a letter written by Vadell in Caracas, Venezuela, Nov. 25, 2020. Vadell, one of the six oil executives with Texas-based Citgo who ...

One of the Citgo oil executives who was held for nearly five years in Venezuela has sued his company for $100 million, alleging it conspired in his detention and then abandoned him and his family ...