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Tag: Citgo

Venezuela denounces US-ordered ‘forced sale’ of oil company Citgo | Oil and Gas News
World News

Venezuela denounces US-ordered ‘forced sale’ of oil company Citgo | Oil and Gas News

A Delaware judge has ordered the sale to settle debts, as Venezuela says US military buildup is targeting its oil…

nileshsha@hotmail.comDecember 3, 2025
Blue Water submits  billion bid for Citgo parent
Stock Market

Blue Water submits $10 billion bid for Citgo parent

By Marianna Parraga HOUSTON (Reuters) -Blue Water Acquisition Corp said on Friday that it submitted an offer valued at $10…

nileshsha@hotmail.comSeptember 7, 2025
Elliott Recommended as Citgo Buyer With .89 Billion Proposal
Global Economy

Elliott Recommended as Citgo Buyer With $5.89 Billion Proposal

An Elliott Investment Management affiliate emerged as the recommended bidder in the court-ordered auction of Citgo Petroleum Corp.’s parent, offering…

nileshsha@hotmail.comAugust 31, 2025
Elliott, Gold Reserve affiliates work on offers for Citgo parent as bidding end looms
Stock Market

Elliott, Gold Reserve affiliates work on offers for Citgo parent as bidding end looms

By Marianna Parraga HOUSTON (Reuters) -A U.S. court officer is preparing to recommend a winner in an auction for shares…

nileshsha@hotmail.comAugust 24, 2025
Elliott Affiliate Weighs New Bid for Citgo as Legal Risks Ease
Global Economy

Elliott Affiliate Weighs New Bid for Citgo as Legal Risks Ease

An Elliott Investment Management affiliate is considering rejoining the bidding for Citgo Petroleum Corp.’s parent company, according to people familiar…

nileshsha@hotmail.comJune 17, 2025
Florida Congresswoman Asks Rubio to Stop Auction of Citgo Assets
Global Economy

Florida Congresswoman Asks Rubio to Stop Auction of Citgo Assets

US Representative Maria Elvira Salazar is pressing the Trump administration to block the forced sale of Venezuela’s largest foreign asset,…

nileshsha@hotmail.comMay 30, 2025

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