News

BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...
U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday. Exxon just warned ...
Bondholders owed some $1.7 billion by Venezuela seek to derail Citgo’s latest bidder.
The bondholders' attorney went to pains to explain that he wasn't asking U.S. District Judge Katherine Polk Failla to interfere with the sale.
Gold Reserve executives said that they were pleased with Citgo Petroleum management's performance on Thursday. This could be a ...
As US sanctions persist and migrants are criminalized, Clodovaldo Hernández examines Trump's seemingly aimless strategy towards Caracas.
Some Venezuelan creditors are objecting to the selection of Dalinar Energy's $7.38 billion bid as the winner of a court-ordered auction for control of Citgo Petroleum, according to court filings.
By Marianna Parraga HOUSTON (Reuters) -Holders of a defaulted Venezuelan bond, some creditors and bidders that participated ...
Gold Reserve Ltd.’s main value driver is its ICSID award, with the Citgo share auction offering the most realistic path for enforcement and value recovery. Read more here.
US judge issues order to reopen Citgo data room, restart bidding and allowing potential bidders to prepare new offers.
A U.S. judge overseeing an auction of shares in the parent of Venezuela-owned Citgo Petroleum on Monday agreed to reopen a data room to allow potential buyers to prepare new bids, a court document ...