A U.S. federal court on Thursday approved the rescheduling of a long-awaited sale hearing originally planned for next week to ...

This move comes amid a complex auction process designed to settle debts owed by Venezuela and its state oil company PDVSA to ...

A federal judge on Thursday postponed a hearing intended to determine the winner of an auction for control of Citgo Petroleum. Circuit Court Judge Leonard Stark said he would set a new date for the ...

Elliott Investment Management’s affiliate has boosted its offer for PDV Holding, the Venezuelan parent company of US refiner ...

Citgo Petroleum, the U.S. refining arm owned by Venezuela, reported second-quarter net earnings of $100 million, rebounding ...

A Delaware court officer has requested delaying the final hearing in the Citgo Petroleum auction due to unexpected bids.

A surprise bidder has entered the high-stakes auction for PDV Holding—the U.S.-based parent of Citgo Petroleum ...

A court officer in Delaware overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has ...

An Elliott Investment Management affiliate submitted a last-minute bid in the court-ordered auction for Citgo Petroleum Corp.’s parent, according to a letter filed in Delaware legal proceedings.

Amber Energy, an affiliate of New York-based investment firm Elliott Investment Management, has submitted a last-minute bid ...

Elliott Investment Management's affiliate has upped its bid for the Venezuela-owned Citgo Petroleum to $8.82 billion. The new ...

A new bidder has emerged in the court-ordered auction that could determine control of Citgo Petroleum Corp., though the court official overseeing the sale isn't divulging much information about this ...