HOUSTON (Reuters) -Groups led by affiliates of Contrarian Funds, Gold Reserve and Vitol are working on improved offers for ...

Venezuela-owned refiner Citgo Petroleum registered an $82 million net loss in the first quarter, compared with a net income of $410 million in the same period last year, amid weak refining margins, ...

The battle for control of Citgo Petroleum intensifies as affiliates of Contrarian Funds, Gold Reserve, and Vitol refine their offers in a competitive auction. Delaware court seeks to resolve Venezuela ...

A U.S. court organizing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has approved a 30-day competition period starting on April 28 to receive bids, with the final ...

Houston-based Citgo, ultimately owned by Venezuela's state oil company PDVSA, is the seventh-largest U.S. refiner. A $3.7-billion offer by Contrarian Funds' Red Tree Investments was approved by ...