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.

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 ...

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.

Holders of a defaulted Venezuelan bond, some creditors and bidders that participated in a U.S. auction of shares in the ...

Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) wishes to advise that it is scheduling a conference call to be held at 10:00 am EDT on Thursday July 10, 2025 to provide more detail on the US$7.382 ...

The “special master” chose Canadian miner Gold Reserve’s bid for CITGO as the highest that met the court’s requirements.

By Marianna Parraga HOUSTON (Reuters) -Lawyers representing holders of a defaulted Venezuelan bond and some bidders that ...

An Elliott Investment Management affiliate is considering rejoining the bidding for Citgo Petroleum Corp. ’s parent company, according to people familiar with the matter. The affiliate, Amber Energy, ...

Prior to the sanctions, Citgo's 807,000-barrel-per-day refining network was a primary processor of Venezuela's heavy sour crudes. Since Citgo cut ties with its ultimate parent, Caracas-based state ...