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 ...

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 ...

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 ...

“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. 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 ...

The four-story hotel will be built at the former site of a Citgo gas station at the intersection of Pendleton and Mallard streets, bringing with it three commercial tenant spaces, meeting rooms ...

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 plaintiffs claimed Citgo's pension plans utilized mortality tables from the 1970s to determine the value of the joint pensions, resulting in married retirees systematically receiving less ...

An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a bid for $7.3 billion, clearing a key hurdle in the fund’s push to acquire an oil ...

Committed to enhancing the world-class assets of CITGO and continuing to deliver vital products for the benefit of its customers and communities. Possesses the operational expertise and capital ...

ConocoPhillips (NYSE:COP) filed a motion at a U.S. district court in Delaware to preserve its high priority among Citgo Petroleum creditors to cash proceeds from an auction of shares in the parent ...