Venezuela-owned Citgo Petroleum joined other refiners in posting a sharp drop in third-quarter profit on Thursday, weighed ...
On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025. Venezuela’s state oil company PDVSA issued the $3.4 billion bond in 2016, ...
The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...
Amber Energy has submitted a lower-priced bid for Venezuela's PDV Holding (Citgo's parent company) with a direct payout to creditors, hoping to address their concerns from the initial offer.
The privatization and sale of Monómeros will lead to higher prices for primary agricultural products in our countries,” Petro ...
HOUSTON (Reuters) - Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the Venezuela-owned oil refiner's assets "are ...
HOUSTON (Reuters) - Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund's low-ball bid ...