Venezuela seeks four-month halt to Citgo auction
Gold Reserve drops out of US bidding for shares in Citgo parent
Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in a parent of Venezuela-owned oil refiner Citgo Petroleum, citing court delays, and uncertainty over the sales process.
Venezuela seeks four-month halt to Citgo auction amid mounting financial crisis
The Venezuelan government has recently attracted attention by requesting a four-month delay in the auction process mandated by a US court regarding the shares of Citgo Petroleum’s parent company, based in Houston.
U.S. District Court Judge Sets Oct. 1 Hearing on Request to Pause Citgo Sale -- OPIS
Determining the winning bidder in a court-ordered sale of Citgo has likely been put off until at least next month as a U.S. District Court judge in Delaware considers Venezuela's request for a four-month pause in the proceedings.
Venezuela seeks 4-month pause in auction of shares in Citgo parent
Lawyers representing Venezuela on Tuesday requested a four-month pause in a U.S. court-ordered auction of shares in a parent of Houston-based oil refiner Citgo Petroleum to pay creditors, according to a filing in U.
Gold Reserve drops out of bidding for shares in Citgo parent
Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in oil refiner Citgo Petroleum's parent, citing court delays, and uncertainty over the sales process.
Gold Reserve Concerned Over Venezuela Request to Pause Citgo Sale -- OPIS
In addition to being a bidder, Gold Reserve is among 12 Venezuelan creditors set to benefit from the sale of Citgo. The creditors had pushed for the sale of Citgo, Venezuela's prime overseas asset, to collect debts and arbitration awards the country has refused to pay.
Venezuela’s PDVSA Asks for Pause on Citgo Auction Until January
Venezuela’s state-owned oil company asked a US judge to pause a court-ordered auction of Citgo Petroleum’s parent until January.
Lake Charles American Press6d
Citgo vice president: Sale of petroleum refiner nearing the finish line
A U.S. federal court has accepted offers for the purchase of Venezuela-owned refiner Citgo Petroleum, the latest move in a ...
Citgo, Retirees Plan to Settle Pension Calculation Class Action
Citgo Petroleum Corp. reached a deal to settle a class action by retirees who say the company shortchanged the pensions of ...
CITGO Awards $1 Million to Caring For Our Coast Nonprofits
Celebrating a decade of environmental protection, conservation and restoration, the CITGO Caring For Our Coast initiative is ...
CITGO Lemont Refinery Raises More Than $900,000 For Muscular Dystrophy Association
MDA partnership shares record-breaking yearLEMONT, Ill., Sept. 9, 2024 /PRNewswire/ -- CITGO Lemont <a target=_blank href= ...
Gold Reserve drops out of bidding for shares in Citgo Petroleum parent
Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in oil refiner ...
Gas prices in Capital Region drop below $3 per gallon in some spots
Gas prices in Capital Region drop below $3 per gallon in some spots. Lowest prices are in Scotia, Ballston Spa.