5 articles
A US appeals court ruled PDVSA bonds valid, permitting creditors to seek payment from the sale of Citgo Petroleum's parent. This judgment advances the auction of Venezuela's key overseas asset despite
The US Court of Appeals heard arguments regarding the $5.9 billion sale of Citgo Petroleum's parent company to Elliott Investment Management. Opponents claim procedural errors and low valuation, await
Venezuelan interim President Delcy Rodriguez is regaining control of U.S. refiner Citgo Petroleum, ending seven years of opposition-led oversight following formal U.S. recognition. Supervisory boards
Citgo Petroleum reported a Q2 profit surge to $936 million driven by solid refining margins amidst global supply disruptions. The Houston-based refiner projects full-year EBITDA of $5.8 billion while
The U.S. Treasury Department extended a license protecting Venezuela-owned Citgo Petroleum from creditors through June 19. This regulatory action supports the refinery's operational continuity amidst
ChemBrief