Dalinar Energy’s revised bid is supported by a consortium that, as with its prior bids, includes judgment creditors senior to Gold Reserve in the Court’s priority waterfall -- Rusoro Mining Ltd., Koch ...

An Elliott Investment Management affiliate is considering rejoining the bidding for Citgo Petroleum Corp.’s parent company, according to people familiar with the matter.

US-based oil refinery company CITGO appears to have been involved in a recently exposed corruption and fraud scheme ...

If Venezuela, which owns 100% of the refiner and its U.S.-based parent companies, fails to retain some equity, it would lose ...

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

A U.S. judge in Delaware has extended the schedule for a court-organized auction of shares in the parent of Venezuela-owned ...

A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to June 18, a filing showed on Friday, ...

US Representative Maria Elvira Salazar is pressing the Trump administration to block the forced sale of Venezuela’s largest foreign asset, warning the move could undercut efforts to rebuild the nation ...

The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American country, a stumbling block for the court-ordered sale. Citgo ...

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/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 ...