On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.

The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...

The privatization and sale of Monómeros will lead to higher prices for primary agricultural products in our countries,” Petro ...

The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...

Amber Energy has submitted a lower-priced bid for Venezuela's PDV Holding (Citgo's parent company) with a direct payout to creditors, hoping to address their concerns from the initial offer.

The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...

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.

A pipeline explosion at a natural gas complex operated by Petroleos de Venezuela in the country's Eastern Monagas state has ...

An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a ...

The US arrested a Turkish national on suspicion of conspiring to violate sanctions on Venezuela oil trading in a scheme to benefit the country’s state energy company, the Department of Justice ...

Sanctions, corruption and COVID-19 were behind the plant's successive delays Russian officials Wednesday insisted the launch of the plant to manufacture Kalashnikov rifles in Venezuela had to be ...

Guyana defends a boundary established in 1899 by an arbitration court in Paris, while Venezuela's claims are based on the so-called Geneva Agreement, signed in 1966 with the United Kingdom before ...