US refiner Citgo's 807,000bpd refining network and associated facilities are PDV Holding's sole assets. The Vitol-led offer also proposes approximately $2bn for defaulted Venezuelan bondholders.

Gold Reseve Ltd. (OTCQX:GDRZF) said Thursday that the U.S. court officer overseeing the auction for PDV Holdings, the parent of Venezuela-owned U.S. refiner Citgo Petroleum, recommended its $7.38B ...

A $7.38 billion bid by a unit of Toronto-listed miner Gold Reserve was named preliminary winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, organized by a U.S ...

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 ...

A court-appointed special master recommended a nearly $7.4 billion bid from Venezuela creditor Gold Reserve for the country’s state-owned oil refiner Citgo Petroleum, roughly double the prior ...