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 ...

Investment fund TPG Angelo Gordon is among the new bidders for Citgo Petroleum Corp's parent company as part of a court-supervised auction designed to compensate creditors of Venezuela whose assets ...

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.