The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American ...

The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive ...

Several hundred employees at Citgo Petroleum’s Houston headquarters can be sure of only one thing as an affiliate of a ...

2024 Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund's low-ball bid, the company's ...

Citgo Petroleum Corp. finalized a $14.75 million class settlement with retirees who accused the company of wrongly shortchanging their pension benefits.

Venezuela's opposition is intensifying its lobbying efforts in Washington to persuade the Biden administration to intervene in the court-ordered sale of Citgo Petroleum Corp.'s parent company in ...

Wilmington (Delaware): A US judge has reset the bidding process for the parent company of Citgo Petroleum Corp, a move that is poised to create competition for Elliott Investment Management’s ...

The government and Frescati sued Citgo Asphalt Refining Company, Citgo Petroleum Corporation and Citgo East Coast Oil Corporation – collectively referred to as CARCO – which controlled the port in ...

A U.S. bankruptcy judge has reopened bidding for the parent company of Venezuela-owned oil refiner Citgo Petroleum in an effort to secure a higher price tag as creditors scramble to collect from ...

A U.S. appeals court ruled on Monday that Crystallex International Corp. may seize U.S.-based stock of Citgo’s parent, which is part of Venezuela’s state-owned oil company, to cover a US$1.4 ...