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 $4.75 million in attorney fees.

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

Elliott defends Citgo offer in the face of creditors' objections October 21, 2024 Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo ...

The sale process of shares to pay creditors and claimants against Venezuela’s oil asset appropriation and debts owed by Citgo was launched by the Delaware court in October 2023. Overall ...

A pair of Exxon oil projects were expropriated in 2007, and the company is seeking to have US$984mil in claims recognised. Citgo processes more than 800,000 barrels of oil a day and is the seventh ...

Jan 21 (Reuters) - Citgo said on Tuesday it implemented a cold ... Earlier, North Dakota's oil production was estimated to have dropped by 130,000 to 160,000 barrels per day (bpd), according ...