By Vivian Sequera and Mayela Armas CARACAS (Reuters) – Venezuelan opposition presidential candidate Maria Corina Machado on Friday said she hoped the U.S. Treasury Department would extend its protection of …
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By Marianna Parraga and Gary McWilliams (Reuters) -A U.S. court on Wednesday ruled that a holder of Venezuelan bonds, Altana Credit Opportunities Fund, could seek proceeds from an auction of …
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By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) – Dozens of companies have rushed in recent weeks to obtain data and join a U.S. court-ordered auction of shares in a …
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By Marianna Parraga and Gary McWilliams (Reuters) -A U.S. court on Friday approved claims by 17 Venezuela-linked creditors, including ConocoPhillips, Rusoro Mining and Koch Industries, to get proceeds from a …
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HANOVER, MD – On January 3, 2024, at approximately 5:30 a.m., Hanover police officers were called to the Citgo gas station at 7500 Ridge Road following a report of a …
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By Marianna Parraga and Tom Hals HOUSTON/WILMINGTON (Reuters) -Venezuela-owned oil refiner Citgo Petroleum has been valued by its parent company at between $32 billion and $40 billion, according to a …
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By Marianna Parraga HOUSTON (Reuters) – A U.S. judge in Delaware on Tuesday will set the procedure for an upcoming auction of shares in a parent of Venezuela-owned oil refiner …
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HOUSTON (Reuters) – Refiner Citgo Petroleum is on track for a $2.5 billion profit this year, which it plans to use for repaying debt and invest in the reliability of …
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CARACAS (Reuters) – The Venezuelan government on Wednesday objected to what it called an “arbitrary decision” by a U.S. court that approved a calendar for auctioning shares in the parent …
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HOUSTON (Reuters) – An auction schedule to sell shares in Citgo Petroleum’s parent company, which could force a breakup of the Venezuela-owned U.S. oil refiner, was approved by a U.S. …
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HOUSTON – Oil executive Luis Giusti Lugo was removed from the board of directors of Houston-based refiner Citgo Petroleum, the chief of the company’s supervisory body said on Monday. “Citgo …
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By Deisy Buitrago CARACAS – A Venezuelan appeals court has upheld long prison terms on corruption charges for six former executives of oil refiner Citgo, a U.S. subsidiary of Venezuelan …
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HOUSTON – Citgo Petroleum Corp, the eighth-largest U.S. oil refiner, reported on Monday its seventh quarterly loss in the last two years and reshuffled its board of directors, naming three …