A U.S. court auction of Venezuelan-owned U.S. refiner Citgo is heating up after delays as bidders raise their offers, good ...

A U.S. court officer is preparing to recommend a winner in an auction for shares of Citgo Petroleum's parent company, with ...

In a heated competition, hedge fund Elliott Investment Management and miner Gold Reserve vie for shares of Citgo Petroleum's ...

A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner ...

An affiliate of hedge fund Elliott Investment Management has raised its bid for the parent of Venezuela-owned refiner Citgo ...

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

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

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

Amber is an affiliate of prominent activist investment firm Elliott Management.

The fate of six Citgo executives being held in captivity in Venezuela on what their families are describing as trumped-up corruption charges could become more clear Wednesday if a preliminary ...

Citgo Petroleum traces its roots back to Cities Service Co., started by an oil entrepreneur in the early 20th century. Warren Buffet famously bought his first stock ever in Cities Services at the ...

A sale process for Venezuela’s Citgo Petroleum Corp. has been called off, and the U.S.-based oil refiner instead plans a debt sale that would raise funds for the cash-strapped country.