Exxon Mobil said in a regulatory filing on Friday that board member Gregory Goff, who was named CEO of an Elliott Investment ...
Holders of billions of dollars in Venezuelan bonds and notes have emerged as last-minute protagonists in a U.S. court case ...
The court officer's recommendation is pending court approval, with a November hearing scheduled for sale approval. Elliott's interest in Citgo follows successful investments in Marathon Petroleum ...
ConocoPhillips has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum ...
Venezuela’s state oil company hasn’t paid bondholders a dime in the last five years. Yet, investors who’ve held on to one ...
In addition to being a bidder, Gold Reserve is among 12 Venezuelan creditors set to benefit from the sale of Citgo. The creditors had pushed for the sale of Citgo, Venezuela's prime overseas asset ...
Elliott Investment Management and other U.S. investors have been named as the winning bidder in a court-ordered auction for control of Venezuela’s oil refiner Citgo Petroleum designed to pay ...
Amber’s bid falls significantly short of CITGO’s valuation and would satisfy only a small fraction of the existing claims. The proposal can still be withdrawn depending on the outcome of the parallel ...
The official overseeing an auction to determine control of Citgo said he is no longer negotiating with holders of defaulted bonds that used shares in the oil major's parent company as collateral.
Meetings to cover 2025 business strategy, regional performance and enhanced loyalty program HOUSTON, Oct. 3, 2024 /PRNewswire/ -- CITGO Petroleum Corporation recently launched its 36 th annual ...
That will make Elliott responsible for satisfying the bondholder claims because the collateral on the notes is shares in an affiliated company — the parent of Citgo Petroleum Corp. It represents ...