Log in
Subscribe
Thursday, June 4, 2026

Citgo auction

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

November 13, 2025

(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

August 27, 2025

(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

Oil eases as US crude, fuel stock builds bolster demand jitters- oil and gas 360

Venezuela representatives meet U.S. officials to discuss Citgo auction

June 5, 2024

Oil Price U.S. officials and lawmakers have recently met with Venezuelan opposition politicians and supervisors of state-owned refiner Citgo Petroleum, as Venezuela seeks to pause an ongoing court-ordered auction of shares, sources close to the discussions have told Reuters. The sale process of shares to pay creditors and claimants against Venezuela’s oil asset appropriation and debts owed by Citgo was launched by a

Exclusive-Weak bids in Citgo auction spurs Venezuela to pitch alternative pay plan- oil and gas 360

Exclusive-Weak bids in Citgo auction spurs Venezuela to pitch alternative pay plan

March 14, 2024

US News HOUSTON/MIAMI (Reuters) -The highest bid received in a U.S. auction of shares that will decide the fate of Venezuela-owned oil refiner Citgo Petroleum was $7.3 billion, enough to cover only a third of court-approved claims, two people familiar with the matter said. A federal court in Delaware is auctioning the shares of a parent of Venezuela’s foreign crown

US judge clears way for more Venezuela creditors to join Citgo auction- oil and gas 360

US judge clears way for more Venezuela creditors to join Citgo auction

January 8, 2024

Nasdaq HOUSTON, Jan 8 (Reuters) – A U.S. judge on Monday granted a large group of Venezuela-linked creditors rights to participate in a January auction of shares in the parent of Houston-based refiner Citgo Petroleum. A precedent-setting lawsuit by Canadian miner Crystallex Corp formally tied Venezuela-owned Citgo to the South American country’s debts and opened the door to some $24 billion in

Linkedin X-twitter Facebook Youtube

Premium Content

OAG360 Premium Content - Dashboard

• Valuation Dashboards

• Marketwatch Stock Data

• Earnings & Events Calendar

• EnerCom Conference Replays

• Industry Insights & Opinions

Subscribe