Tuesday, May 26, 2026
US judge denies motions to disqualify officers, advisers involved in Citgo auction- oil and gas 360

US judge denies motions to disqualify officers, advisers involved in Citgo auction

(Investing) – HOUSTON  -A U.S. judge has denied motions filed by Venezuela and Gold Reserve to disqualify him, a court officer and two advising firms overseeing an auction of shares in the parent of U.S. refiner Citgo Petroleum, a court filing showed on Thursday. Toronto-listed miner Gold Reserve, which competed with a bid in the auction, and Citgo’s owner, Venezuela, accused firms

Elliott affiliate emerges as frontrunner in Citgo auction, filing says- oil and gas 360

Elliott affiliate emerges as frontrunner in Citgo auction, filing says

(Investing.com)– A U.S. court officer said on Monday an affiliate of hedge fund Elliott Investment Management made the best bid for the parent of Venezuela-owned refiner Citgo Petroleum, against a group led by miner Gold Reserve previously recommended as the winner. Improved bids emerged in the final stages of the auction of PDV Holding, one of the parents of the

Elliott Affiliate wins Citgo auction with $7.3 billion bid- oil and gas 360

Elliott Affiliate wins Citgo auction with $7.3 billion bid

(Yahoo Finance) – An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a bid for $7.3 billion, clearing a key hurdle in the fund’s push to acquire an oil refiner that was once Venezuela’s largest foreign asset. The affiliate, Amber Energy Inc., submitted the best bid for Citgo’s US parent, PDV Holding, Robert Pincus,