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

The privatization and sale of Monómeros will lead to higher prices for primary agricultural products in our countries,” Petro ...

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 ...

A pipeline explosion at a natural gas complex operated by Petroleos de Venezuela in the country's Eastern Monagas state has ...

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.

The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...

HOUSTON (Reuters) - Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund's low-ball bid ...

Citgo is the only asset of PDV Holding, which a U.S. district court in Delaware has found to be liable for Venezuela's foreign debts. Conoco's filing in the court follows lawsuits in Texas and New ...

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 ...