The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive $4.75 million in attorney fees.

Several hundred employees at Citgo Petroleum’s Houston headquarters can be sure of only one thing as an affiliate of a ...

The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American ...

2024 Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund's low-ball bid, the company's ...

Venezuela's opposition is intensifying its lobbying efforts in Washington to persuade the Biden administration to intervene in the court-ordered sale of Citgo Petroleum Corp.'s parent company in ...

Wilmington (Delaware): A US judge has reset the bidding process for the parent company of Citgo Petroleum Corp, a move that is poised to create competition for Elliott Investment Management’s ...

HOUSTON, Jan 27 (Reuters) - A U.S federal judge in Delaware on Monday approved new terms to relaunch bidding in a complex auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum ...

The government and Frescati sued Citgo Asphalt Refining Company, Citgo Petroleum Corporation and Citgo East Coast Oil Corporation – collectively referred to as CARCO – which controlled the port in ...

A U.S. appeals court ruled on Monday that Crystallex International Corp. may seize U.S.-based stock of Citgo’s parent, which is part of Venezuela’s state-owned oil company, to cover a US$1.4 ...