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, to ...
Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in a parent of ...
A U.S. federal court has accepted offers for the purchase of Venezuela-owned refiner Citgo Petroleum, the latest move in a ...
Determining the winning bidder in a court-ordered sale of Citgo has likely been put off until at least next month as a U.S. District Court judge in Delaware considers Venezuela's request for a ...
Six US oil executives have been jailed after being found guilty of corruption by a court in Venezuela. The men all worked for Citgo, a US refining company owned by Venezuela's state oil firm ...
The auction battle over Citgo Petroleum continues to unfold, with a Carl Icahn-backed oil refiner and a group of creditors with claims against Venezuela clashing. This U.S. court auction ...
US based CITGO Petroleum Corporation, a wholly owned subsidiary of Venezuela's state oil company Petroleos de Venezuela S.A. (PDVSA), is coming to market with a 7 year bond and offering to pay ...
The sale marks the culmination of a years-long legal battle started by another Canadian miner, Crystallex, who went after Citgo’s parent in court to collect an unpaid arbitration award from the ...
Rating agency Fitch affirmed the default rating of U.S. refiner Citgo Petroleum Corp. at 'B' with a stable outlook, while ...