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Elliott wins Citgo share auction with $7 billion conditional offer
A conditional offer for shares in Citgo Petroleum's parent by financial firm Elliott Investment Management was accepted by a U.S. court officer overseeing an auction that could decide the future control of the Venezuela-owned oil refiner,
Elliott Investment Wins Citgo Auction Amid Legal Tussles
Activist investor Elliott Investment Management won the U.S. court auction for shares in Citgo Petroleum's parent company, PDV Holding, valuing it at $7.286 billion. The auction aims to repay claims against Venezuela and state oil firm PDVSA.
Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid
An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a bid for $7.3 billion, clearing a key hurdle in the fund’s push to acquire an oil refiner that was once Venezuela’s largest foreign asset.
Elliott affiliate wins Citgo share auction with $7 billion conditional offer
An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent of oil refiner Citgo Petroleum with a bid that puts an up to $7.286 billion enterprise value on Venezuela-owned Citgo,
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ConocoPhillips gets judge to approve seizing of payments to Venezuela's PDVSA
ConocoPhillips on Friday got a Trinidad court to approve the seizing of payments from the Caribbean country to Venezuela's ...
1d
on MSN
ConocoPhillips wins judge's approval to seize payments to Venezuela's PDVSA
A Trinidad court said Friday it approved the seizure of payments from Trinidad to Venezuela's state oil company PDVSA for a ...
17h
At least two people dead after oil barge sinks in Venezuela, PDVSA says
CARACAS/MARACAIBO - At least two people died and four were declared missing following the sinking of an oil barge operated by ...
Crude Oil Prices
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Conoco Court Win Sends Venezuela's Gas Money Up In Smoke
On September 27, 2024, a Trinidadian court approved ConocoPhillips' request to seize payments that PDVSA would have received ...
devdiscourse
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Tragic Oil Barge Sinking in Venezuela Claims Four Lives
At least four fatalities have been reported after an oil barge, operated by a contractor of Venezuela's state-run energy ...
Marine Link
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Oil Barge Sinks in Venezuela, Killing Two
At least two people died and four were declared missing following the sinking of an oil barge operated by a contractor of ...
4d
Marine ecosystem of Venezuela’s Gulf of Coro remains threatened after four oil spills and the inaction of Pdvsa
The Gulf of Coro and the Paraguaná Peninsula are affected by four active oil spills that have been recorded by fishermen from ...
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Two Dead, Four Missing After Oil Barge Sinks In Venezuela
Two people died and four were missing after a barge involved in oil well maintenance sank on Venezuela's Lake Maracaibo, state-owned oil giant PDVSA said Thursday.
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Venezuela
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