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US court proposes restart of Citgo auction process
The auction process, which has been ongoing for a year, is being overhauled due to disarray, according to a court adviser.
With Citgo share auction in shambles, US court readies plan to start over
An auction of shares in a Citgo Petroleum (PDVSAC.UL) parent to pay claims against Venezuela needs to be overhauled, a court ...
Venezuela Creditors Plan to Compete With Elliott Over Citgo
At least two Venezuela creditors are planning to submit bids for US-based refiner Citgo Petroleum Corp.’s parent in a ...
Soaring legal fees in snarled Citgo auction rankle companies
Court advisers have billed nearly $30 million for a stalled auction of shares in a parent of Venezuela-owned oil refiner ...
Venezuelanalysis1d
Delaware Court to Revamp Auction, Seek New Bids for Venezuela’s CITGO
Crystallex, Red Tree and Gold Reserve have expressed interest in presenting alternatives to Elliott Management’s ...
Crude Oil Prices3d
U.S. Court Could Reopen Bidding for Oil Refiner Citgo After Failed Deal
The court-ordered auction of Citgo's parent company, PDV Holding, will restart after creditors rejected the initial winning ...
Citgo auction faces overhaul after year-long sale process collapses
The auction for shares in Citgo Petroleum, a US subsidiary of Venezuela’s state oil company PDVSA, faces significant ...
City ‘lights up the lake’ with annual Christmas celebration
Families around the community got to enjoy music, shop with vendors, food and enjoy the light displays and fireworks.
U.S. News & World Report3d
With Citgo Share Auction in Shambles, US Court Readies Plan to Start Over
HOUSTON (Reuters) - An auction of shares in a Citgo Petroleum parent to pay claims against Venezuela needs to be overhauled, a court adviser recommended on Tuesday, conceding a year-long sale ...