Icahn and creditors battle in final bids for Citgo, aiming to claim stakes in $21.3B Venezuelan debt auction.
By Marianna Parraga, Gary McWilliams and David French2 Aug 2024ReutersVenezuela faces critical gas shortages despite vast reserves, with upcoming elections intensifying debate over privatization and investment to revive production.
By Marianna Parraga, Deisy Buitrago and Mircely Guanipa24 Jul 2024ReutersCritical oil infrastructure in Texas has yet to be restored after state battered by Hurricane Beryl.
By Arathy Somasekhar, Marianna Parraga and Curtis Williams10 Jul 2024ReutersThe storm, which at one point intensified to a Category 5 hurricane, left a deadly trail of destruction across the Caribbean.
By Arathy Somasekhar, Marianna Parraga and Erwin Seba7 Jul 2024ReutersThe offers in Citgo Petroleum's bidding have proven to be complex, with many combining cash with credits bids.
By Marianna Parraga2 Jul 2024ReutersCVR is working with investment bankers at Wells Fargo to raise the financing for its bid. The company has the support of Icahn...
By Gary McWilliams and Marianna Parraga2 Jul 2024ReutersThe auction is the culmination of a seven-year court battle seeking to satisfy $21.3 billion in claims against Venezuela.
By Marianna Parraga28 Jun 2024ReutersThe court-organized auction of the seventh-largest U.S. oil refiner aims to satisfy up to $21.3 billion in claims against Venezuela.
By Marianna Parraga and Gary McWilliams26 Jun 2024ReutersThe move appears designed to encourage companies that have projects frozen because of U.S. sanctions, such as Italy's Eni and Spain's Repsol, to...
By Marianna Parraga and Daphne Psaledakis16 May 2024ReutersPlease login to like, dislike or bookmark this article.