Citgo vice president: Sale of petroleum refiner nearing the finish line
WEBSep 16, 2024 · A U.S. federal court has accepted offers for the purchase of Venezuela-owned refiner Citgo Petroleum, the latest move in a long-running case where 18 creditors are seeking up to $21.3 billion for ...
U.S. District Court Judge Sets Oct. 1 Hearing on Request to Pause Citgo …
WEB6 days ago · Resize. Determining the winning bidder in a court-ordered sale of Citgo has likely been put off until at least next month as a U.S. District Court judge in Delaware considers Venezuela's request ...
Gold Reserve drops out of US bidding for shares in Citgo parent
WEB4 days ago · CITGO Petroleum Corp. Follow. HOUSTON, Sept 19 (Reuters) - Canadian miner Gold Reserve (GRZ.V) said on Thursday it has dropped out of a U.S. court-organized bidding for shares in oil refiner Citgo ...
Venezuela’s PDVSA Asks for Pause on Citgo Auction Until January
WEBStory by Bloomberg News. • 2d. (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 ...
US Court awards CITGO Petroleum over $340 mln in bribery case
WEBJul 24, 2024 · Venezuela-owned oil refiner CITGO Petroleum said on Wednesday it was awarded more than $340 million in damages and interest by a U.S. court in a bribery probe.
US extends license protecting Citgo through Nov, Treasury says
WEBAug 12, 2024 · The U.S. Treasury Department has extended through Nov. 12 a general license that protects Venezuela-owned Citgo Petroleum from creditors, according to a notice posted in the department's webpage...
Citgo Petroleum Corp - The New York Times
WEBNews about Citgo Petroleum Corp. Commentary and archival information about Citgo Petroleum Corp from The New York Times.
CITGO Reports First Quarter 2024 Results
WEBMay 9, 2024 · CITGO Reports First Quarter 2024 Results. May 10 Update: EBITDA of approximately $1.4 billion for the first quarter of 2023. Net income of $410 million, EBITDA (1) of $709 million and Adjusted EBITDA (1) of $677 million. Total liquidity at quarter-end of $4.5 billion, including full availability under CITGO's $500 million accounts receivable ...
Press Releases | CITGO
WEBAug 8, 2024 · CITGO Commits $25,000 to Florida Disaster Relief Efforts Following Hurricane Debby. Hurricane Debby made landfall in Florida's Big Bend as a Category 1 storm, leaving millions of people without power while dealing with the aftermath. In response, CITGO is supporting local...
Citgo’s Sale Hearing Will Likely Be Postponed Until October
WEBAug 1, 2024 · The court-ordered sale of Venezuela’s US-based refiner Citgo Petroleum’s parent could be postponed for a second time after a court official requested more time to decide on the winning bid.
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