The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American ...

Citgo, among the largest U.S.-based oil refiners, is being auctioned to cover debts owed by its owner, the bankrupt Venezuelan government. Bidders are contending with the risk that U.S. courts ...

The Supreme Court agreed Monday to decide whether three Citgo-affiliated companies must pay most of the $100 million-plus bill for cleaning up a 2004 oil spill in the Delaware River. (CN) – The ...

The sale process of shares to pay creditors and claimants against Venezuela’s oil asset appropriation and debts owed by Citgo was launched by the Delaware court in October 2023. Overall ...

Jan 21 (Reuters) - Citgo said on Tuesday it implemented a cold ... The rare winter storm churned across the U.S. Gulf Coast on Tuesday, bringing heavy snow, ice and wind gusts to a region where ...

A pair of Exxon oil projects were expropriated in 2007, and the company is seeking to have US$984mil in claims recognised. Citgo processes more than 800,000 barrels of oil a day and is the seventh ...

The special master in charge of a court-ordered auction of Houston-based Citgo requested Friday that ... including two along the Gulf Coast. Houston's ConocoPhillips is seeking to recover more ...

US Gulf Coast energy facilities hit by Hurricane ... Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of ...

Heavy Canadian Cold Lake crude sold on the Gulf for ... of the Canadian oil ends up at refineries in the US Midwest, including Exxon’s Joliet, Marathon’s Robinson and Citgo Petroleum Corp ...