U.S. District Court Judge Sets Oct. 1 Hearing on Request to Pause Citgo …
WEB3 days ago · The order is the latest delay in long-running efforts by Venezuela's creditors to force a sale of Citgo to satisfy debts and arbitration awards the Venezuelan government has refused to pay.
Gold Reserve Concerned Over Venezuela Request to Pause Citgo …
WEB2 days ago · 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. Gold Reserve is seeking to recover $1.1 ...
Gold Reserve drops out of US bidding for shares in Citgo parent
WEB2 days ago · 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 ...
Venezuela Ask U.S. District Court to Delay Citgo Auction for Four ...
WEB4 days ago · Venezuela filed a last-minute motion seeking a four-month pause on a U.S. court-ordered sale of Citgo. ... Dow Jones Newswires is a market-moving financial and business news source, used by wealth ...
US court receives offers for Citgo's parent, credit bid submitted
WEBHOUSTON, June 11 (Reuters) - A U.S. federal court accepted binding offers through Tuesday for shares in the parent of Venezuela-owned refiner Citgo Petroleum, a crucial step in a long-running...
Venezuelan opposition gets US court boost in dispute over Citgo …
WEBNEW YORK, July 3 (Reuters) - A U.S. appeals court on Wednesday set aside a judge's ruling that bondholders had valid claims against Venezuela's state-run oil company related to its U.S. refiner...
Venezuela is one step away from losing Citgo, an economic …
WEBJun 17, 2024 · Venezuela is one step away from losing Citgo, an economic debacle on the eve of elections. A US court denies Maduro’s arguments to recover the oil company, which was poorly managed by both...
Oil executives imprisoned five years in Venezuela sue former …
WEBMay 30, 2024 · MIAMI (AP) — Two Citgo oil executives detained for nearly five years in Venezuela have sued their former employer for more than $400 million, alleging it conspired to lure them to the South American country under a false pretext and then abandoned them as they endured horrendous prison conditions for …
Venezuela’s PDVSA Asks for Pause on Citgo Auction Until January …
WEBStory by Bloomberg News. • 13h. (Bloomberg) -- Venezuela’s state-owned oil company asked a US judge to pause a court-ordered auction of Citgo Petroleum’s parent until January. Shares of the ...
Exclusive-Weak bids in Citgo auction spurs Venezuela to pitch ...
WEBMar 14, 2024 · A federal court in Delaware is auctioning the shares of a parent of Venezuela's foreign crown jewel, Houston-based Citgo, that it found liable for the South American country's debt defaults...