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

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 ...

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

A Delaware court officer has delayed the final hearing of an auction involving Citgo Petroleum shares. This follows the ...

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

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 boosted its offer for PDV Holding, the Venezuelan parent company of US refiner ...

Oil markets have seen thin liquidity and rangebound prices this week, with ICE Brent hovering near $66 a barrel as traders focus almost entirely on the upcoming Trump–Putin meeting in Alaska.

Trader Vitol and vulture fund Elliott Management look to supplant a $7.4 billion offer from Gold Reserve recommended by a court officer.

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