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

The U.S. court-organized auction of Citgo Petroleum has reached its final phases, with significant bids from various entities ...

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 ...

Citgo is Venezuela’s most prized overseas asset: the seventh-largest refiner in the US, which also operates over 4,000 petrol stations. It has been valued at $32bn and $40bn by its parent ...

HOUSTON, Oct 22 (Reuters) - For the past four years, the United States protected oil refiner Citgo Petroleum from creditors seeking to seize Venezuela's foreign crown jewel for billions of dollars ...

HOUSTON/MIAMI, March 14 (Reuters) - The highest bid received in a U.S. auction of shares that will decide the fate of Venezuela-owned oil refiner Citgo Petroleum was $7.3 billion, enough to cover ...

HOUSTON (AP) — 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 ...

Their suit alleges Citgo, indirectly owned by Venezuela’s state-owned oil company PDVSA, used them as scapegoats, sacrificing them to President Nicolas Maduro’s regime by tricking them ...

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

Tomeu Vadell was one of six executives who worked for Houston-based Citgo when they were lured to Venezuela right before Thanksgiving in 2017 to attend a meeting at the headquarters of the company ...