A group led by commodities trading house Vitol submitted a bid exceeding $10 billion for the parent of Venezuela-owned U.S. refiner Citgo Petroleum during the final hours of a U.S. court-organized ...

Gold Reserve’s $7.38B bid for Citgo wins court support, with assurances that Houston-based jobs and operations will remain ...

Citgo Petroleum Corp (PDVSAC.UL) said a lightning strike started a fire at a storage tank at its 459,800-barrel-per-day Lake ...

The bondholders' attorney went to pains to explain that he wasn't asking U.S. District Judge Katherine Polk Failla to interfere with the sale.

Bermudian-based Gold Reserve Ltd is facing objections from several parties after a US court official recommended the ...

Some Venezuelan creditors are objecting to the selection of Dalinar Energy's $7.38 billion bid as the winner of a court-ordered auction for control of Citgo Petroleum, according to court filings.

Despite these divestment considerations, Petrobras has recently taken steps to boost production in Bahia. Earlier this year, the company awarded R$707 million (about $122 million) in drilling ...

Gold Reserve executives said that they were pleased with Citgo Petroleum management's performance on Thursday. This could be a ...