A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...

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

Tomeu Vadell was one of six executives who worked for Houston-based Citgo when they were lured to Venezuela right before Thanksgiving in 2017 to attend a meeting at the headquarters of the company ...

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 ...

Red Tree, Gold Reserve, Vitol and TPG Angelo Gordon have submitted offers for Venezuela’s most valuable foreign asset.

Citgo is Venezuela’s most prized overseas asset: the seventh-largest refiner in the US, which also operates over 4,000 petrol stations. It has been valued at $32bn and $40bn by its parent ...

Their suit alleges Citgo, indirectly owned by Venezuela’s state-owned oil company PDVSA, used them as scapegoats, sacrificing them to President Nicolas Maduro’s regime by tricking them ...

HOUSTON, Oct 22 (Reuters) - For the past four years, the United States protected oil refiner Citgo Petroleum from creditors seeking to seize Venezuela's foreign crown jewel for billions of dollars ...

"When it happened, it was surreal." In 2017, Jose Pereira worked for Houston-based Citgo as the interim CEO when he and five other executives flew to Venezuela for a business trip. It was there ...

A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...