An Elliott Investment Management affiliate is considering rejoining the bidding for Citgo Petroleum Corp.’s parent company, according to people familiar with the matter.

US-based oil refinery company CITGO appears to have been involved in a recently exposed corruption and fraud scheme ...

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 ...

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.

Bolivarian Republic of Venezuela, 1:17-mc-00151-LPS (D. Del.) and its related proceedings. Cautionary Statement Regarding Forward-Looking statements This release contains “forward-looking ...

Collectively the creditors are owed more than US$20bil by the Venezuelan government and its state-owned oil company, Petroleos de Venezuela SA, or PDVSA, which controls Citgo. Those creditors ...

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 ...

Chevron Corporation (NYSE:CVX) has recently made headlines over the Trump administration’s stance towards its operations in Venezuela. Despite an earlier statement by a senior government ...