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Vulture Fund Elliott chosen as winner of CITGO court-mandated auction
The $7.3 billion offer from the investment fund falls significantly short of the Venezuelan refiner’s valuation.
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China rejects U.S.-led auction of Venezuelan company CITGO
On Tuesday, China strongly condemned the seizure of CITGO Petroleum Corporation by U.S. authorities, calling the move a flagrant violation of international law.
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CITGO: A multi-billion dollar heist?
A detailed and interactive infographic to recap how CITGO came to face its looming breakup as creditors line up for a court-ordered auction.