For activist hedge fund Elliott Investment Management, Nicolás Maduro’s swift exit comes at an auspicious time. A U.S. judge in November backed a roughly $6 billion bid by Elliott for Citgo Petroleum, ...

Phillips Industries’ new Cincinnati-area distribution center is now shipping aftermarket trucking parts nationwide, aiming to speed up delivery times for customers.

HOUSTON/NEW YORK, Jan 28 (Reuters) - U.S. ‌refiner Citgo Petroleum has bought Venezuelan crude ‌oil for the first time since 2019, when it severed ties with its parent, state-run oil firm Petroleos de ...

The United States has extended a Treasury license that shields Venezuela-owned refiner CITGO Petroleum Corp from creditor actions through March 20, a move that preserves the company’s legal status ...

HOUSTON, Jan 9 (Reuters) - As U.S. President Donald Trump moves quickly to put together a $100 billion ‌effort to revive Venezuela's oil industry, the administration has yet ‌to finalize the fate of ...

Freepoint Commodities and Citgo Petroleum are seeking direct access to Venezuelan oil cargoes as US sanctions on the South American nation ease. Freepoint is considering applying for a US Treasury ...