Citgo Petroleum's profit falls on weak refining margins
Venezuela-owned Citgo Petroleum joined other refiners in posting a sharp drop in third-quarter profit on Thursday, weighed ...
Venezuelanalysis4d
Venezuela: US Treasury Department Extends CITGO Protection Amid Auction Controversy
On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.
US extends license protecting Citgo from creditors to March 2025
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...
Venezuela’s Citgo responds to false accusations from the Maduro-controlled National Assembly
The Boards of Directors of PDV Holding, Inc., CITGO Holding, Inc., and CITGO Petroleum Corporation (the “Companies”), and ...
Marine Link7d
US Extends Protections for CITGO to March 2025
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...
Crude Oil Prices6d
Elliott-Backed Firm Makes New $5.3-Billion Citgo Bid Amid Creditor Complaints
Amber Energy has submitted a lower-priced bid for Venezuela's PDV Holding (Citgo's parent company) with a direct payout to creditors, hoping to address their concerns from the initial offer.
Rigzone6d
Elliott Seeks to Appease Creditors with New $5.3 Billion Citgo Bid
The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...
Financial Post7d
Elliott Floats New $5.3 Billion Citgo Bid as Deal Faces Backlash
Amber Energy’s alternative bid is a new wrinkle in the years-long legal case over the future of PDV Holding, the parent company of Citgo, which is owned by Venezuela but based in the US and operates ...