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 ...

A boutique hotel on the former Citgo lot has received city design approval, bringing Bridge City Coffee and a rooftop bar to ...

“Building upon CITGO’s legacy, and with a focus on the future, we will prioritize operational excellence to lay a foundation for stability, strength, and long-term success for the benefit of ...

"By enhancing the value of its core assets, CITGO has the potential to significantly improve its ability to provide attractive future growth opportunities for its customers, team members ...

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 ...

HOUSTON (Reuters) -An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court ...

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 ...

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 ...