By Marianna Parraga HOUSTON (Reuters) -Holders of a defaulted Venezuelan bond, some creditors and bidders that participated ...

Some Venezuelan creditors are objecting to the selection of Dalinar Energy's $7.38 billion bid as the winner of a court-ordered auction for control of Citgo Petroleum, according to court filings.

Holders of some defaulted Venezuelan bonds are seeking to block a bid to purchase Citgo Petroleum Corp.’s parent company, as they claim the transaction would strip them of their rights for payment.

Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announced that on July 7, 2025, pursuant to the schedule set by the U.S. District Court for the District of Delaware ...

Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...

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 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 ...

Citgo auction advisor set to recommend Gold Reserve bid - Bloomberg Jul. 02, 2025 2:54 PM ET Gold Reserve Ltd. (GDRZF) Stock COP By: Carl Surran, SA News Editor Play (2min) ...

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 ...

Since Citgo cut ties with its ultimate parent, Caracas-based state-run oil company PDVSA, in 2019, Venezuela has struggled to find new markets for its oil, while the Houston-based refiner has ...

OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to ...

Venezuela-owned U.S. refiner Citgo Petroleum (PDVSAC.UL) reported on Thursday a $305 million net income last year, below the $2 billion profit of 2023, following a $146 million loss in the fourth ...