A U.S. court auction of Venezuelan-owned U.S. refiner Citgo is heating up after delays as bidders raise their offers, good ...

A U.S. court officer is preparing to recommend a winner in an auction for shares of Citgo Petroleum's parent company, with ...

In a heated competition, hedge fund Elliott Investment Management and miner Gold Reserve vie for shares of Citgo Petroleum's ...

A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner ...

An affiliate of hedge fund Elliott Investment Management has raised its bid for the parent of Venezuela-owned refiner Citgo ...

Citgo Petroleum, the U.S. refining arm owned by Venezuela, reported second-quarter net earnings of $100 million, rebounding ...

Amber Energy, an affiliate of New York-based investment firm Elliott Investment Management, has submitted a last-minute bid ...

A surprise bidder has entered the high-stakes auction for PDV Holding—the U.S.-based parent of Citgo Petroleum ...

This move comes amid a complex auction process designed to settle debts owed by Venezuela and its state oil company PDVSA to ...

Amber is an affiliate of prominent activist investment firm Elliott Management.

Citgo Petroleum traces its roots back to Cities Service Co., started by an oil entrepreneur in the early 20th century. Warren Buffet famously bought his first stock ever in Cities Services at the ...