On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.

The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...

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.

An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a ...

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 ...

The Boards of Directors of PDV Holding, Inc., CITGO Holding, Inc., and CITGO Petroleum Corporation (the “Companies”), and ...

Venezuela's President Nicolas Maduro vowed on Saturday (October 26, 2024) that his country would not be silenced after Brazil vetoed its bid to join the BRICS group of emerging economies.

Nicaragua and Venezuela (CHNV). At least 2,496,080 illegal border crossers from CHNV countries were reported under the Biden-Harris administration, according to U.S. Customs and Border Protection ...

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 deteriorating in ...

HOUSTON (Reuters) - Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner ...