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

The Boards of Directors of PDV Holding, Inc., CITGO Holding, Inc., and CITGO Petroleum Corporation (the “Companies”), and ...

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

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

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

TIM YOUNG warns that the president-elect’s record of economic and political interference from his last stint in the White ...

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.

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

Citgo is the only asset of PDV Holding, which a U.S. district court in Delaware has found to be liable for Venezuela's foreign debts. Conoco's filing in the court follows lawsuits in Texas and New ...

HOUSTON (Reuters) - 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 ...