Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the ...

At least two groups of holders have resorted to other U.S. courts to enforce their claims, pursuing the same Citgo assets that industrial conglomerates, mining and oil firms have been pursuing for ...

The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the government of Venezuela, which owns Citgo. By Rebecca F. Elliott A firm ...

“We thank the Special Master for selecting Amber Energy as the successful bidder and recommending that the court approve Amber Energy's acquisition of CITGO’s world-class assets,” said Goff.

HOUSTON, Oct 15 (Reuters) - ConocoPhillips (COP.N), opens new tab has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds ...

HOUSTON, Oct. 3, 2024 /PRNewswire/ -- CITGO Petroleum Corporation recently launched its 36 th annual Marketer Roundtable meeting series to review brand strategies and programs for the year ahead ...

ConocoPhillips seeks to preserve priority creditor status in Citgo auction amidst legal battles over Venezuelan debt recovery ...

For its part, PDVSA Ad Hoc reiterated its unwavering commitment to defend Citgo. “Although the road has been challenging, there is still much we can and will do to protect Citgo and ensure the best ...