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

Citgo Petroleum Corp. finalized a $14.75 million class settlement with retirees who accused the company of wrongly shortchanging their pension benefits.

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 ...

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

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 ...

(Bloomberg) -- A US judge reset the bidding process for the parent company of Citgo Petroleum Corp. late Tuesday, a move that is poised to create competition for Elliott Investment Management’s ...

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 ...

(Bloomberg) -- A US judge reset the bidding process for the parent company of Citgo Petroleum Corp. late Tuesday, a move that is poised to create competition for Elliott Investment Management’s ...

A US judge reset the bidding process for the parent company of Citgo Petroleum Corp. late Tuesday, a move that is poised to create competition for Elliott Investment Management’s pursuit of the ...

A U.S. bankruptcy judge has reopened bidding for the parent company of Venezuela-owned oil refiner Citgo Petroleum in an effort to secure a higher price tag as creditors scramble to collect from ...

Vitol Group, the world's largest independent oil trader, has submitted an application to acquire PDV Holdings Inc., the parent company of Citgo Petroleum Corp., which is a key foreign asset Venezuela.