News

Holders of a defaulted Venezuelan bond, some creditors and bidders that participated in a U.S. auction of shares in the ...
A U.S. court officer has selected miner Gold Reserve's $7.38 billion bid as the preliminary winner of an auction of shares in ...
Holders of some defaulted Venezuelan bonds are seeking to block a bid to purchase Citgo Petroleum Corp.’s parent company, as they claim the transaction would strip them of their rights for payment.
A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund offer.
The “special master” chose Canadian miner Gold Reserve’s bid for CITGO as the highest that met the court’s requirements.
Gold Reserve has announced that its US acquisition subsidiary, Dalinar Energy, has been named the final recommended bidder ...
A consortium led by energy and commodities company Vitol has placed a bid exceeding $10bn for Citgo Petroleum's parent ...
Black Lion Citgo Group submitted an $8 billion all-cash bid for the parent company of Citgo Petroleum, which owes around $20 ...
A court-appointed advisor reportedly is prepared to recommend a consortium led by miner Gold Reserve Ltd as the best bidder ...
Citgo must settle with Group 1 creditors by Friday, to forestall US Judge Leonard Stark’s sale process order and the risk of the certiorari petition being denied.
PHILADELPHIA (CN) - The Third Circuit said Thursday that three units of oil refiner Citgo must pay most of the $100 million-plus bill for cleaning up a 2004 oil spill in the Delaware River. The ...
A U.S. court has received last-minute improved bids in a auction of shares in the parent of Venezuela-owned Citgo Petroleum ...