An affiliate of hedge fund Elliott Investment Management has raised its bid for the parent of Venezuela-owned refiner Citgo ...

This move comes amid a complex auction process designed to settle debts owed by Venezuela and its state oil company PDVSA to ...

Elliott Investment Management’s affiliate has boosted its offer for PDV Holding, the Venezuelan parent company of US refiner ...

Amber Energy, an affiliate of New York-based investment firm Elliott Investment Management, has submitted a last-minute bid ...

Elliott Investment Management has increased its bid to $8.82 billion for Citgo's parent company PDV Holding amidst a ...

At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the ...

Chevron has resumed Venezuelan crude exports to the U.S. after President Trump reinstated its sanctions exemption under ...

According to vessel tracking data and internal company documents, Venezuela’s oil exports dropped around 10% in July from the previous month. The fall comes when major partners of the state oil ...

B y Miluska Berrospi NEW YORK, Oct 10 (IFR) - One of the largest holders of the 2020 bond issued by Venezuelan oil company PDVSA is bracing for a possible default later this month on what is the ...

PdVSA, Venezuela’s national oil company, is expected to offer bondholders $7 billion in new bonds Wednesday in exchange for existing debt, an effort to ease a cash-flow squeeze.

Bondholders who choose not to participate in PdVSA’s $5.3 billion exchange offer “are playing a dangerous game they can end up losing,” Eulogio del Pino, the president of the firm, said in ...