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

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

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 ...

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

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

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

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 ...