A US federal judge has delayed the deadline for bidding on shares in Citgo Petroleum, a former subsidiary of Venezuela’s state-owned oil business, by almost two weeks. According to a court ...

Dalinar Energy Corporation, a unit of Toronto-listed miner Gold Reserve, has been declared the provisional winner of a ...

Court advisers have billed nearly $30 million for a stalled auction of shares in a parent of Venezuela-owned oil refiner Citgo Petroleum, raising the ire of creditors that have waited years to get ...

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.

Marathon Petroleum is not planning to participate in the current auction process for shares in a parent of oil refiner Citgo Petroleum, executives said Tuesday.

Bidders will have a few more days to submit rival offers in a court-ordered auction that will determine ownership of Citgo after a federal judge on Tuesday extended the process until at least June ...

HOUSTON (Reuters) -A U.S. federal judge has extended to at least June 2 a period for bidders to submit rival bids in a court-organized auction of shares in the parent of Venezuela-owned refiner ...

The backlash to Elliott Investment Management's wholly-owned Amber Energy's offer ends any chance this year of a change to Citgo's ownership to satisfy debt defaults and expropriations by Venezuela.

Citgo, the crown jewel of Venezuela's overseas assets, sits at the center of a Delaware court auction in which 18 companies seek to collect up to $21.3 billion for debt defaults and expropriations ...