Lawyers representing Venezuela on Tuesday requested a four-month pause in a U.S. court-ordered auction of shares in a parent ...

The Venezuelan government has recently grabbed attention by seeking a four-month delay in the auction process mandated by a ...

Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in a parent of ...

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 ...

A U.S. federal court has accepted offers for the purchase of Venezuela-owned refiner Citgo Petroleum, the latest move in a ...

Venezuela filed a last-minute motion seeking a four-month pause on a U.S. court-ordered sale of Citgo. In an order late Tuesday, U.S. District Court Judge Leonard Stark told parties involved in the ...

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By closing a sanctions loophole, the administration blocked action. Citgo could become a casualty of the turmoil in Venezuela if the country’s national oil company fails to make a bond payment ...

Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in oil refiner ...

Rating agency Fitch affirmed the default rating of U.S. refiner Citgo Petroleum Corp. at 'B' with a stable outlook, while ...

“The ratings are negatively affected by operational risks and contagion effects from U.S. sanctions on Citgo's ultimate parent, Petróleos de Venezuela (PDVSA),” Fitch said. “The ratings are ...