Similar Stories to Venezuela Strikes Deal To Save Citgo From Seizure on Bing News

Venezuela has struck a $1.4 billion deal to retain control of Citgo Petroleum Corp., the latest settlement that keeps the country’s U.S. crude refineries from falling into the hands of creditors.

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    (Bloomberg) -- A judge cleared the way for final offers for Citgo Petroleum Corp.’s US parent, denying objections from Venezuela’s state-owned oil company to the bidding process for the oil refiner’s ...
    05/17/2024 - 7:37 am | View Link
  • Citgo share bidders can be asked how accommodate bondholder claims, judge rules
    Bidders in a U.S. court auction of shares that will decide the ownership of oil refiner Citgo Petroleum (PDVSAC.UL) can be required to say if their binding offers cover claims by Venezuela bondholders ...
    05/17/2024 - 4:19 am | View Link
  • US to Reinstate Venezuela Sanctions, Says Maduro Broke Deal
    They determined that while some Venezuelan authorities met aspects of the deal, Maduro did not fully comply with the its spirit, citing moves to exclude some opposition candidates from running.
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  • Biden administration revives oil sanctions on Venezuela, saying Maduro reneged on democracy deal
    The Biden administration determined that Maduro’s government reneged on key parts of a deal reached last year that offered a temporary easing of sanctions in exchange for promises of democratic ...
    04/17/2024 - 8:58 am | View Link
  • Help Children of Venezuela
    Thanks to giving people like you, our work for Venezuela’s children is making a difference. Save the Children is bringing its decades of humanitarian expertise to help vulnerable children of Venezuela ...
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