A US federal judge has delayed the deadline for bidding on shares in Citgo Petroleum, a former subsidiary of Venezuela’s state-owned oil business, by almost two weeks. According to a court ...

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 the parent of Venezuela-owned Citgo Petroleum, following heavy ...

Citgo’s parent, PDV Holding, is being auctioned off to satisfy more than $20 billion in claims against Venezuela and its state-owned oil company Petroleos de Venezuela SA, or PDVSA.

Citgo's Sale in Delaware Rears Head in Venezuelan Bondholders' New York Fight 4 minute read July 10, 2025 By Alyssa Aquino ...

Bidders will have a few more days to submit rival offers in a court-ordered auction that will determine ownership of Citgo after a federal judge on Tuesday extended the process until at least June 2.

HOUSTON (Reuters) - A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to June 18, a ...