News

Citgo, Gold Reserve and Government of Venezuela

Gold Reserve Emerges as Top Bidder for Venezuela’s Citgo
A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund offer.
US court officer recommends Gold Reserve-led group's $7.38 billion bid for Citgo parent
A U.S. court officer overseeing the auction for PDV Holdings, the parent of Venezuela-owned U.S. refiner Citgo Petroleum, has recommended a $7.38 billion bid from Dalinar Energy, a unit of Gold Reserve,
U.S. Court Endorses $7.38B Winning Bid for Citgo Parent
A U.S. court officer on Wednesday officially recommended awarding a $7.38-billion winning bid to mining firm Gold Reserve and investor group Dalinar Energy for PDV Holding, the parent company of Citgo
Citgo auction advisor set to recommend Gold Reserve bid - Bloomberg
A court-appointed advisor reportedly is prepared to recommend a consortium led by miner Gold Reserve Ltd as the best bidder for refiner Citgo Petroleum's parent company.
Gold Reserve’s US$7.38 billion bid recommended as winner of Citgo parent auction
A US$7.38 billion bid by a subsidiary of miner Gold Reserve has been selected as the preliminary winner of a U.S. court-organized auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum,
Dalinar Energy’s $7.3bn bid recommended as winner for Citgo auction
Gold Reserve has announced that its US acquisition subsidiary, Dalinar Energy, has been named the final recommended bidder for the shares of PDV Holding, Citgo Petroleum’s indirect parent company. The company's $7.
Q&A Is Venezuela about to lose Citgo, its most prized foreign asset?
A U.S. court officer has selected miner Gold Reserve's $7.38 billion bid as the preliminary winner of an auction of shares in ...
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Vitol-led consortium places over $10bn bid for Citgo
A consortium led by energy and commodities company Vitol has placed a bid exceeding $10bn for Citgo Petroleum's parent ...
Black Lion makes last-minute $8B bid in high-stakes Citgo auction
Black Lion Citgo Group submitted an $8 billion all-cash bid for the parent company of Citgo Petroleum, which owes around $20 ...
Vitol group submits bid above $10 billion for Citgo, sources say
A group led by commodities trading house Vitol submitted a bid exceeding $10 billion for the parent of Venezuela-owned U.S.
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Venezuelan-owned refiner and charterer Citgo auctioned for $7bn in US
US-based but Venezuelan-owned refiner and tanker charterer Citgo is being sold for $7.38bn. That is the winning bid by the ...
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Suspect charged with smash and grab burglary at Smyrna Citgo
Demetrius A. Ragland, 38, of Orange, Virginia, is accused of breaking into the Citgo gas station at 540 Concord Road SE in ...
Gold Reserve Requests Clarification About US License Protecting Citgo
(Reuters) -Gold Reserve has filed an emergency request with a court in Delaware asking for clarification about a license by ...