Legal developments prompt a shift in the timeline. ... The post Citgo auction deadline extended until June 2 as legal uncertainty clouds bidding landscape appeared first on Invezz.

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.

Citgo, the crown jewel of Venezuela's overseas assets, sits at the center of a Delaware court auction in which 18 companies seek to collect up to $21.3 billion for debt defaults and expropriations ...

A U.S. federal judge has extended to at least June 2 a period for bidders to submit rival bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum ...

Bidders will have a few more days to submit rival offers in a court-ordered auction that will determine ownership of Citgo after a federal judge on Tuesday extended the process until at least June 2.

Venezuelan debts mount against Citgo as auction nears, clouding the Houston refiner’s future. By Amanda Drane, Staff writer Updated Nov 22, 2023 5:16 p.m.

With Citgo Share Auction in Shambles, US Court Readies Plan to Start Over. More. Reuters. PDVSA's U.S. unit Citgo Petroleum refinery is pictured in Sulphur, Louisiana, U.S., June 12, 2018.

Citgo, the crown jewel of Venezuela's overseas assets, sits at the center of a Delaware court auction in which 18 companies seek to collect up to $21.3 billion for debt defaults and expropriations ...

US Judge Extends Topping Period in Citgo Parent's Auction By Marianna Parraga HOUSTON (Reuters) -A U.S. federal judge has extended to at least June 2 a period for bidders to submit rival bids in a ...

HOUSTON (Reuters) -A U.S. federal judge has extended to at least June 2 a period for bidders to submit rival bids in a court-organized auction of shares in the parent of Venezuela-owned refiner ...