CVR Energy failed $8B bid for Citgo and unplanned outages at its refineries highlight the need for diversification. Find out why CVI stock should be avoided.
The CEO of Amber Energy Inc., the winning bidder of Citgo Petroleum for an auction price of $7.3 billion, resigned from Exxon ...
An affiliate of Elliott Investment Management said in a court filing that Citibank and Barclays are providing financing for its bid to purchase refiner Citgo Petroleum Corp. ’s parent company. The ...
HOUSTON (Reuters) – Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the Venezuela-owned oil refiner’s assets “are deteriorating in ...
HOUSTON (Reuters) - Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the Venezuela-owned oil refiner's assets "are ...
Recently, creditors for Citgo Petroleum have raised significant concerns regarding a proposed court agreement with the US ...
The backlash to Elliott Investment Management's wholly-owned Amber Energy's offer ends any chance this year of a change to Citgo's ownership to satisfy debt defaults and expropriations by Venezuela.